mortgages
Definition
plural noun. legal agreements by which a bank or other lender lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.
Example Sentence
The government already guarantees about 90 percent of new mortgages.
More Example Sentences
Understanding mortgages is important for anyone looking to purchase property.
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mortgages
