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How to pronounce:
mortgage
Definition:
(nou) a conditional conveyance of property as security for the repayment of a loan
Phonetic Transcription:
ˈmɔːɡɪdʒ
Examples:
You can't get out of paying your mortgage or car payments through deferment.
His mortgage was refinanced.
A mortgage valuation is for the benefit of the lender.
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