Skip to main content
Property

Mortgage

A mortgage is a financial arrangement where a borrower pledges their freehold or leasehold property as collateral for a loan. This allows the lender, also known as the mortgagee, to have rights to recover the property in case the borrower, or mortgagor, fails to repay the loan. Essentially, a mortgage serves as a land charge and can take on either a legal or equitable form.

Related terms

Joint agent

Understand the meaning and definition of Joint agent in the context of stock market, trading, and investments.

MORE
Site Plans

Understand the meaning and definition of Site Plans in the context of stock market, trading, and investments.

MORE
HVAC

Understand the meaning and definition of HVAC in the context of stock market, trading, and investments.

MORE
Green field site

Understand the meaning and definition of Green field site in the context of stock market, trading, and investments.

MORE
Frontage(line)

Understand the meaning and definition of Frontage(line) in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91