How Do You Spell MORTGAGE?

Pronunciation: [mˈɔːɡɪd͡ʒ] (IPA)

The word "mortgage" is spelled with eight letters, but its pronunciation is slightly different. It is pronounced /ˈmɔːɡɪdʒ/ in IPA phonetic transcription. The first syllable is pronounced as "mor," which rhymes with "door." The second syllable is pronounced as "gij," which rhymes with "ridge." This word refers to a type of loan that is taken out to purchase a property, with the property serving as collateral. The spelling of mortgage may seem confusing, but its pronunciation is straightforward.

Meaning and Definition
Top Common Misspellings
Other Common Misspellings
Etymology
Similar spelling words
Plural
Conjugate verb
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MORTGAGE Meaning and Definition

  1. A mortgage refers to a legally binding agreement between a borrower and a lender, typically a bank or a financial institution, that allows the borrower to obtain funds to purchase a property while using the property itself as collateral. It is a financial contract that lays out the terms and conditions of borrowing money, often for a substantial amount, with the aim of acquiring real estate.

    Generally, mortgages entail a fixed interest rate and span a predetermined length of time, commonly ranging from 15 to 30 years. The borrower, also known as the mortgagor, receives a lump sum amount from the lender, known as the mortgagee, and in return, agrees to make regular payments, typically on a monthly basis, to reimburse the loan along with the accrued interest.

    The legal agreement offers security for the lender, as the purchased property serves as collateral for the loan. This implies that if the borrower fails to make the agreed-upon payments, the lender has the right to foreclose on the property, seize it, and sell it to recover the outstanding debt. This characteristic makes a mortgage a secured form of loan.

    Mortgages play a crucial role in facilitating property ownership for individuals, allowing them to spread the cost over an extended period rather than making a lump sum payment.

  2. • The grant of lands or houses to a creditor in security for the repayment of his money, with the condition that in case of non-payment at a certain time the estate becomes dead-that is, passes wholly into the hands of the creditor; state of being pledged.
    • To convey or make over, as property to a creditor in security for a debt; to pledge; to put to pledge.

    Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.

Top Common Misspellings for MORTGAGE *

* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.

Other Common Misspellings for MORTGAGE

Etymology of MORTGAGE

The word "mortgage" originated from the Old French term "mort gage", which can be translated as "dead pledge". The etymology of "mort" comes from Latin "mors" meaning "death", while "gage" stems from Old English and Old Norse, both meaning "pledge". In medieval times, the concept of a mortgage involved the transfer of property rights to a lender as security for a loan. The pledge would then be "dead" (or ends) once the debt was fully repaid. Over time, "mortgage" came to represent a specific type of loan used for purchasing property, where the property itself serves as collateral.

Similar spelling words for MORTGAGE

Plural form of MORTGAGE is MORTGAGES

Conjugate verb Mortgage

CONDITIONAL PERFECT

I would have mortgaged
you would have mortgaged
he/she/it would have mortgaged
we would have mortgaged
they would have mortgaged
I would have mortgage
you would have mortgage
he/she/it would have mortgage
we would have mortgage
they would have mortgage

CONDITIONAL PERFECT PROGRESSIVE

I would have been mortgaging
you would have been mortgaging
he/she/it would have been mortgaging
we would have been mortgaging
they would have been mortgaging

CONDITIONAL PRESENT

I would mortgage
you would mortgage
he/she/it would mortgage
we would mortgage
they would mortgage

CONDITIONAL PRESENT PROGRESSIVE

I would be mortgaging
you would be mortgaging
he/she/it would be mortgaging
we would be mortgaging
they would be mortgaging

FUTURE

I will mortgage
you will mortgage
he/she/it will mortgage
we will mortgage
they will mortgage

FUTURE CONTINUOUS

I will be mortgaging
you will be mortgaging
he/she/it will be mortgaging
we will be mortgaging
they will be mortgaging

FUTURE PERFECT

I will have mortgaged
you will have mortgaged
he/she/it will have mortgaged
we will have mortgaged
they will have mortgaged

FUTURE PERFECT CONTINUOUS

I will have been mortgaging
you will have been mortgaging
he/she/it will have been mortgaging
we will have been mortgaging
they will have been mortgaging

IMPERATIVE

you mortgage
we let´s mortgage

NONFINITE VERB FORMS

to mortgage

PAST CONTINUOUS

I was mortgaging
you were mortgaging
he/she/it was mortgaging
we were mortgaging
they were mortgaging

PAST PARTICIPLE

mortgaged

PAST PERFECT

I had mortgaged
you had mortgaged
he/she/it had mortgaged
we had mortgaged
they had mortgaged

PAST PERFECT CONTINUOUS

I had been mortgaging
you had been mortgaging
he/she/it had been mortgaging
we had been mortgaging
they had been mortgaging

PRESENT

I mortgage
you mortgage
he/she/it mortgages
we mortgage
they mortgage

PRESENT CONTINUOUS

I am mortgaging
you are mortgaging
he/she/it is mortgaging
we are mortgaging
they are mortgaging

PRESENT PARTICIPLE

mortgaging

PRESENT PERFECT

I have mortgaged
you have mortgaged
he/she/it has mortgaged
we have mortgaged
they have mortgaged

PRESENT PERFECT CONTINUOUS

I have been mortgaging
you have been mortgaging
he/she/it has been mortgaging
we have been mortgaging
they have been mortgaging

PRESENT SUBJUNCTIVE

he/she/it mortgage

SIMPLE PAST

I mortgaged
you mortgaged
he/she/it mortgaged
we mortgaged
they mortgaged

Infographic

Correct spelling for mortgage
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