mortgage - Meaning in Malayalam
mortgage - Meaning in Malayalam
noun
- +1
verb
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mortgage Word Forms & Inflections
mortgages (noun plural)
mortgaged (verb past tense)
mortgaging (verb present participle)
mortgages (verb present tense)Definitions and Meaning of mortgage in English
mortgage noun
- a conditional conveyance of property as security for the repayment of a loan
ഈട്, പണയം
mortgage verb
- put up as security or collateral
പണയം വയ്ക്കുക, ...Subscribe
Description
A mortgage loan or simply mortgage, in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
Also see "Mortgage" on WikipediaMore matches for mortgage
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What is mortgage meaning in Malayalam?
The word or phrase mortgage refers to a conditional conveyance of property as security for the repayment of a loan, or put up as security or collateral. See mortgage meaning in Malayalam, mortgage definition, translation and meaning of mortgage in Malayalam. Learn and practice the pronunciation of mortgage. Find the answer of what is the meaning of mortgage in Malayalam.
Other languages: mortgage meaning in Hindi
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What is mortgage meaning in Malayalam, mortgage translation in Malayalam, mortgage definition, pronunciations and examples of mortgage in Malayalam.
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