mortgage
Definition
A legal agreement by which a bank lends money to buy property, with the property serving as security.
한국어 은행이 재산을 사는 데 돈을 빌려 주는 계약이다.
Example
"They signed a 30-year mortgage to purchase their first home."
A legal agreement by which a bank lends money to buy property, with the property serving as security.
한국어 은행이 재산을 사는 데 돈을 빌려 주는 계약이다.
"They signed a 30-year mortgage to purchase their first home."