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English word

mortgage

B2Frequent NGSL-3

UK /ˈmɔːɡɪdʒ/US /ˈmɔːrɡɪdʒ/

noun

a legal agreement by which a bank or similar organization lends you money to buy a house, etc., and you pay the money back over a particular number of years; the sum of money that you borrow

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Sentence 39 · Pro

J.K. Rowling Harvard Commencement Speech | Harvard University Commencement 2008

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never pay a mortgage or secure a pension.

J.K. Rowling Harvard Commencement Speech

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