2012年7月19日星期四

Mortgage Meaning. What Is A Mortgage

Mortgage Meaning. What Is A Mortgage,Hogan scarpe donna 524 Nero

We hear the word all over. A couple of years ago,Kvinder Nike SB Swoosh Grey Høje Hæle, they were being signed like they were going out of fashion; a large mortgage was akin to a large salary at the end of month. But the times have changed and in Dave Ramsey's words, the paid-off home mortgage has taken the place of the BMW as the status symbol of choice.

But,Billige Online Herre Nike Free Run 3 DarkGray lyseblå Hvide Sko, what does exactly mean? The word 'mortgage' comes from the Old French and Latin. In Latin,Wholesale Online Dame Nike Free Run 2 pink hvid grå Sko, mori (turned into the mort- part in 'mortgage' in Old French) means 'death' and -gage means 'pledge'. Thus the words: 'death pledge'.

The word ortgage?comes from the Old French and Latin. In Latin, mori (turned into the mort- part in ortgage?in Old French) means eath?and -gage means ledge? Thus the words: eath pledge?

I can see how, hundreds of years ago,Ny Nike Herre Shox R4 2011 Sko Hvid Sort, taking on a 30 year mortgage was comparable to signing yourself into bondage for life. As Earl Wilson correctly put it, if you think nobody cares about you try missing a couple of mortgage payments. That the ultimate Litmus test for love.

Funny words aside, etymologically,Nike LunarGlide 2 løbesko Sort Orange, mortgage means that the pledge dies either when the obligation is fulfilled or when payment fails and the property is repossessed.

Interestingly,Nike Air Presto Vævet Sko Blå Sort, the French use mutated back into ypothue? derived from the classic Greek and meaning to put something under something else.

In some countries,Dame Nike Air Presto Le Green Orange Sko, like France and Spain where they have a civil-law system,chick here, a mortgage is closely or even solely related to a loan against real estate or property whereas in common-law,Nike Free 7.0 V2 Black Grey Lilla Sko, it represents any device in which a debtor (mortgagor) conveys an interest in property to a creditor (mortgagee) as security for the payment of a money debt. The Anglo-American definition has a broader meaning than its civil-law cousin, the hypothec. 相关的主题文章:

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