mortgage deed
- noun
- /ˈmɔrɡɪdʒ did/
- Formal
:
escritura de hipoteca
- Mortgage deed of the same house.
Examples
-
The bank requires both partners to sign the mortgage deed to finalize the loan.
-
Shakespeare's six signatures provide insufficient data. They appear on four legal documents; the deposition and the will are paper, and the seals on the conveyance and the mortgage deed are vellum.
Academic text (2016) -
Before purchasing the house, they carefully reviewed the mortgage deed to understand the terms.
-
The lawyer explained that the mortgage deed secures the lender's interest in the property.
Synonyms
526
5.4
A loan to buy a house where the bank can take the home if you do not pay
2
8.4
A document that gives a person control of property to make sure a home loan is repaid
A document that gives property to a trustee as security for a loan
Surface Forms
Morphology
The compound clearly combines 'mortgage' (a loan secured by property) with 'deed' (a legal document recording ownership), so a learner who knows both words can infer it is the document relating to a mortgage. While some legal nuances might require higher proficiency, the central meaning (a document giving/recording the mortgage terms/claim) is directly derivable from the constituents and cross-linguistically comparable.
Etymology
The term mortgage deed may come from old words: mortgage from a 'dead promise' and deed meaning a written paper. Long ago 'dead' in this phrase meant the promise would end when the loan was paid or the borrower died. So the image is a paper that holds a house or land as a promise to a lender until the loan ends, and that's why it now means the legal document giving a lender a right to the property.