mortgage

noun verb

Stress: first syllable

Syllables: mort-gage (2)

English Definition

A legal agreement by which a bank lends money in exchange for taking title of debtor's property.

Example Sentence

They took out a mortgage to buy their house.

US IPA /ˈmɔːrɡɪdʒ/
UK IPA /ˈmɔːɡɪdʒ/