Advanced Money & Banking

Mortgage

/ˈmɔːɡɪdʒ/ noun

Meaning

A loan used to buy a house or other property, which is repaid over many years with interest.

हिंदी मेंघर या अन्य संपत्ति खरीदने के लिए लिया गया ऋण, जिसे ब्याज सहित कई वर्षों में चुकाया जाता है।

“They took out a mortgage to buy their first flat.”

उन्होंने अपना पहला फ्लैट खरीदने के लिए मॉर्गेज लिया।

“Mortgage rates have risen this year.”

इस साल मॉर्गेज दरें बढ़ गई हैं।

Not the same as a general "loan" — a mortgage is specifically secured against property; stop paying and the lender can repossess the house.

Written and reviewed by Maninder Thind · Last updated 17 August 2026