Webster dictionary was developed by Noah Webster in the beginning of 19th century. On this website, you can find definition for mortgage from the 1913 edition of Webster's Revised Unabridged Dictionary. Define mortgage using one of the most comprehensive free online dictionaries on the web.

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mortgage
Part of Speech: noun
Results: 4
1. A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.
2. State of being pledged; as, lands given in mortgage.
Part of Speech: verb transitive
1. Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.
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