Does mortgage mean death grip?

Did you know that the word “mortgage” is Latin and means “death grip?” So if you have a mortgage for your home, you are literally in the grip of death while you work to pay that thing off.

Why is a mortgage a death pledge?

mortgage (n.) late 14c., from Old French morgage, literally “dead pledge,” from mort “dead” + gage “pledge.” So called because the deal dies when the debt is paid or when payment fails.

What does mortgagee mean?

A mortgagee is a lender: specifically, an entity that lends money to a borrower for the purpose of purchasing real estate. In a mortgage transaction, the lender serves as the mortgagee and the borrower is known as the mortgagor.

What is another word for mortgage?

What is another word for mortgage?

What is bank mortgage value?

A mortgage loan is a type of secured loan where you can avail funds by providing your asset as collateral to the lender. A mortgage is usually a loan sanctioned against an immovable asset like a house or a commercial property. The lender keeps the asset as collateral until the borrower repays the total loan amount.

Is the T silent in mortgage?

Very few words in the English language contain the consonant cluster –rtg-, and in only one of those words (and its derivatives) is the t silent: mortgage. Gage is a Middle English word meaning “pledge,” and especially a pledge to do battle.

Can a mortgagee be a person?

A mortgagor is the person or other entity that receives a mortgage loan in order to buy property. Before obtaining a loan, a mortgagor must complete an application and be approved by the lender’s underwriters.

What do you call someone who has a mortgage?

Mortgagee: A lender or creditor who holds a mortgage or Deed of Trust. Mortgagor: A borrower who is obligated to pay on a mortgage or Deed of Trust.

What does the word fortasse mean in Latin?

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Where does the word mortgage come from in English?

Old French mort is from Vulgar Latin *mortus “dead,” from Latin mortuus, past participle of mori “to die” (from PIE root *mer- “to rub away, harm,” also “to die” and forming words referring to death and to beings subject to death). The -t- was restored in Modern English based on Latin. And it seemeth, that the cause why it is called mortgage is,…

Where does the Latin word mort-gage come from?

MORTGAGE = DEATH PLEDGE: Latin words Mort-Gage Literally Translated Mort Means (Death) Gage Means (Pledge) “Debt Slavery=Human Mortgages=Debt Till Death! Time To Re-Think America!”. The word “mortgage” comes from the French “mort-gage”, literally death-pledge. The French peasants were working until they died for the privilege of owning a house.

Which is the correct spelling Fortuna or fortasse?

Likely a contraction of fortūna esse . Often abbreviated to fort. or fors. Charlton T. Lewis ( 1891) An Elementary Latin Dictionary, 1st edition. (Oxford University Press)