mortgage
B2Frequent NGSL-3UK /ˈmɔːɡɪdʒ/US /ˈmɔːrɡɪdʒ/
Meaning
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
“to apply for/take out/pay off a mortgage”
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“never pay a mortgage or secure a pension.”
📺 J.K. Rowling Harvard Commencement SpeechLearn this word in the video →
“Because when you are as talented as I know all of you are, it it is so easy to wake up one day and find yourself in golden handcuffs with a mortgage”
📺 Akio Toyoda at Babson's Centennial Commencement (2019)Learn this word in the video →
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never pay a mortgage or secure a pension.
mortgage·
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