mortgage
Definition
A legal agreement by which a bank lends money to buy property, with the property serving as security.
中文 银行为购买房产而贷款的法律协议,房产作为抵押物。
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.
中文 银行为购买房产而贷款的法律协议,房产作为抵押物。
"They signed a 30-year mortgage to purchase their first home."