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1 law:: Mortgage

شبکه مترجمین ایران

2 Law:: / گرو - گروي - وثيقه/ • mortgage : 1. a pledge of property (esp real property) to a creditor as security for the performance of an obligation (esp a debt involving the property), the pledge being extinguished once the obligation is satisfied 2. an instrument (such as a deed or contract) specifying the terms of a such a pledge 3. (loosely) the loan on which such a pledge is based • hypothec, hypothèque : in French law, hypothecation; a mortgage on real property; the right vested in a creditor by the assignment to him of real estate as security for the payment of his debt, whether or not it be accompanied by possession • encumbrance : a claim or liability that is attached to property and that may lessen its value, such as a lien or mortgage; an encumbrance cannot defeat the transfer of possession, but it remains after the property is transferred. Also, less often, spelled incumbrance • pawn : 1. an item of personal property deposited as security for payment of a debt 2. the act of depositing personal property in this manner 3. the condition of being held on deposit as a pledge • pledge : 1. a bailment or other deposit of personal property to a creditor as security for a debt or obligation; pawn 2. the item of personal property so deposited; pawn 3. (broadly), the act of providing something as security for a debt or obligation; the thing so provided • pignus (Lat) /pign(s/ : In the civil law, a pledge or pawn; a delivery of a thing to a creditor, as security for a debt. Also a thing delivered to a creditor as security for a debt. • pignoratio (Lat) : /pign(reysh(iy)ow/ : In the civil law, the contract of pledge; and also the obligation of such contract. Sealing up (obsignatioi). A shutting up of an animal caught in one’s field and keeping it till the expenses and damage have been paid by its master. • chattel mortgage : a mortgage that covers the installment purchase of goods, whereby the seller transfers title to the buyer but retains a lien securing the unpaid balance; chattel mortgages have generally been replaced by security arrangements, which are governed by Article 9 of the Unified Commercial Code (U.C.C.) • legal mortgage : A term used in Louisiana. The law alone in certain cases gives to the creditor a mortgage on the property of his debtor, without it being requisite that the parties should stipulate it. That is called “legal mortgage.” It is also called a tacit mortgage, because it is established by the law without the aid of any agreement. • charge : an encumbrance, lien, or claim • legal charge (Brit)

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