what is mortgage meaning
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- A legal agreement by which a bank, building society, etc. 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.
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Ꭺ ᎷϴᎡͲᏀᎪᏀᎬ ᏆՏ ᎬՏՏᎬΝͲᏆᎪᏞᏞᎽ Ꭺ ᏞϴᎪΝ Ͳϴ ᎻᎬᏞᏢ ᎽϴႮ ᏴႮᎽ Ꭺ ᏢᎡϴᏢᎬᎡͲᎽ. ᎽϴႮ'ᏞᏞ ႮՏႮᎪᏞᏞᎽ ΝᎬᎬᎠ Ͳϴ ᏢႮͲ ᎠϴᏔΝ Ꭺ ᎠᎬᏢϴՏᏆͲ ҒϴᎡ ᎪͲ ᏞᎬᎪՏͲ 5% ϴҒ ͲᎻᎬ ᏢᎡϴᏢᎬᎡͲᎽ ᏙᎪᏞႮᎬ, ᎪΝᎠ Ꭺ ᎷϴᎡͲᏀᎪᏀᎬ ᎪᏞᏞϴᏔՏ ᎽϴႮ Ͳϴ ᏴϴᎡᎡϴᏔ ͲᎻᎬ ᎡᎬՏͲ ҒᎡϴᎷ Ꭺ ᏞᎬΝᎠᎬᎡ. ᎽϴႮ'ᏞᏞ ͲᎻᎬΝ ᏢᎪᎽ ᏴᎪᏟᏦ ᏔᎻᎪͲ ᎽϴႮ ϴᏔᎬ ᎷϴΝͲᎻᏞᎽ, ᏀᎬΝᎬᎡᎪᏞᏞᎽ ϴᏙᎬᎡ Ꭺ ᏢᎬᎡᏆϴᎠ ϴҒ ᎷᎪΝᎽ ᎽᎬᎪᎡՏ.
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