Mortgage

/ˈmɔrɡədʒ/noun

A loan used to buy property, with the property itself serving as security for the debt.

A loan taken out to buy property or land, secured against the property until it's repaid.

Urdu

جائیداد خریدنے کے لیے لیا جانے والا قرض جو جائیداد کے گروی رکھنے پر مبنی ہوتا ہے۔

Hindi

संपत्ति खरीदने के लिए लिया गया ऋण, जो संपत्ति को बंधक रखकर सुरक्षित किया जाता है।

They took out a mortgage to buy their first house.

Related words

home loan

Practice

The bank approved their after reviewing his income.