All About Careers
  • Looking for a Job
    • Resume Builder
    • Best Templates & Resume Example
    • Recommendation Letter Template
  • Student Finance
    • How Old To Open A Bank Account
    • Pay FAFSA Back
    • Pay Back Grants
    • Transfer Money From EDD Card to a Bank Account
    • Transfer Money to Your Daughter Day
    • Add Money to Robinhood Without a Bank Account
    • Get Money From Venmo Without Bank Account
    • $50 000 Loan 10 Years
  • Student loans
    • Canceling Student Loan Debt
    • Unsubsidized Student Loan
    • Bad Credit Loans Urban BCL
    • Increase Total Loan Balance
    • Student Loans Affect Credit Score
    • Reduce Total Loan Cost
    • Pay student loan 529
    • Paying Off Student Loans Help Credit Score
  • Job Opportunities
    • Kohl’s Job Application
    • Baskin Robbins Application
    • Subway Applications
    • Aldi Application
  • Job Profiles
    • Physiologist
    • Golf Caddy
    • Environmental Consultant
    • Ecologist
    • Banker
    • Marine Engineer
    • Brand Consultant
    • Media Buyer
    • Visual Merchandiser
No Result
View All Result
  • Looking for a Job
    • Resume Builder
    • Best Templates & Resume Example
    • Recommendation Letter Template
  • Student Finance
    • How Old To Open A Bank Account
    • Pay FAFSA Back
    • Pay Back Grants
    • Transfer Money From EDD Card to a Bank Account
    • Transfer Money to Your Daughter Day
    • Add Money to Robinhood Without a Bank Account
    • Get Money From Venmo Without Bank Account
    • $50 000 Loan 10 Years
  • Student loans
    • Canceling Student Loan Debt
    • Unsubsidized Student Loan
    • Bad Credit Loans Urban BCL
    • Increase Total Loan Balance
    • Student Loans Affect Credit Score
    • Reduce Total Loan Cost
    • Pay student loan 529
    • Paying Off Student Loans Help Credit Score
  • Job Opportunities
    • Kohl’s Job Application
    • Baskin Robbins Application
    • Subway Applications
    • Aldi Application
  • Job Profiles
    • Physiologist
    • Golf Caddy
    • Environmental Consultant
    • Ecologist
    • Banker
    • Marine Engineer
    • Brand Consultant
    • Media Buyer
    • Visual Merchandiser
No Result
View All Result
All About Careers
No Result
View All Result

Where does the word mortgage come from?

The meaning of "mortgage" comes from French

by Paola
24 May, 2022
in Student loans
0
where does the word mortgage come from

We often use words whose origins we do not know. Although today they are used to name some object, person, or activity, in the past, they had a different meaning that may change the perception of what we understand in the present.

This premise applies to the word “mortgage.” Although today it is synonymous with the acquisition of a home, it had a more vague definition in its beginnings.

Can find the origin of a word in its etymology. This is a science in charge of studying the words through their letters’ composition, head, and meaning. It takes over time. This post intends to give you ideas about the importance of the origin of words and to discover what is behind the oldest concept of a mortgage.

The influence of French on English

English speakers are unaware of how many of the words we use have origins in French. The most common is “bon appetit,” but our language is more closely linked to French. French is one of the five languages that belong to the so-called “Romance languages” that originate from Latin. It was not until the IX century that it was considered a language of its own and distinguished from Latin.

At first, it was believed to be a unique derivative of the Germanic language, but it is now known that English is a composition between Romance and Germanic languages.

The etymology of “mortgage”: What does mortgage mean?

Now that we understand some origins of our language, we are mindful that many of our words have Romance roots, as does “mortgage.” In Old French, it translates as “dead pledge.” The prefix “mort,” which comes from the Latin “mortuus,” means “dead.” We use the same word for expressions we keep from Latin, such as “post mortem.” 

Check ➤  Benefits and what is an Unsubsidized Student Loan?

While the suffix “gate” means commitment, but a commitment to fight, when we read tales of knights, they are often described as having an iron gauntlet, which they throw intending to fight someone. In that sense, “gage” is also used as a translation of “pledge,” representing this gauntlet. 

When the word’s etymology is analyzed, the mortgage is a dead pledge. Not because it speaks of literal death, but because the promise “dies” when payment is missed or when all payments are made. That is to say, if the person paid within the estimated term, he would have the reward. Otherwise, it would take the land where this pledge is placed away with the commitment to serve as payment.

In other words: the mortgagor “dies” when the debt is defaulted or paid.

The “mortgage” today

Nowadays, the mortgage is one of the words that come to mind when we want to buy a house. It is defined as a property transfer to guarantee payment and fulfill all the terms signed in the agreement.

Generally, a mortgage applies to homes or land, but it is also valid for automobiles or works of art. The basic idea is to leave a valuable asset as security for payment in case of default.

If the debtor defaults on payments, the rules establish that the creditor has the right to put the collateral up for sale to recover the loan through a public auction, never through an outright sale.

Click to rate!
[Total: Average: ]
Related posts:
  1. How To Get a $50 000 Loan Payment For 10 Years?
  2. How Can You Reduce Your Total Loan Cost?
  3. What is the monthly payment on a $200,000 mortgage?
  4. Learn about the loans that offer the lowest interest rates
  5. When does H&R Block issue the Christmas loans?
  6. Do you earn $70,000 a year? Find out what type of mortgage you can take out!
  7. Did you know that it is possible to find donors to pay off your student loan?
  8. Is it possible to get a $200 loan with bad credit?
Check ➤  How does car mart financing work?
Previous Post

How much can you earn in 2022 and draw social security?

Next Post

How does car mart financing work?

No Result
View All Result

Contents

  • 1 The influence of French on English
  • 2 The etymology of “mortgage”: What does mortgage mean?
  • 3 The “mortgage” today

Categories

  • Accounting
  • Apple Pay
  • Apprenticeships
  • Career Industry
  • Career Path
  • Cash-app
  • College
  • Courses
  • Cover Letter
  • Credit Card
  • Degree
  • Insurance
  • Internships
  • Investing
  • Job Profiles
  • Looking for a Job
  • Paypal
  • Postgraduate
  • Rankings
  • Reviews
  • Scholarships
  • Self Employment
  • Social Security
  • Student Discount
  • Student Finance
  • Student loans
  • Taxes
  • UCAS
  • University
  • Venmo
  • Work experience

Student Finance:

  • How to get money off netspend account without card
  • Why cant i open a chime account
  • How to transfer from crypto com to bank account
  • Chime cash advance
  • Does publix cash checks
  • Pay later apps

Looking for a Tax Attorney?

  • Tax Attorney Near Me
  • Tax Attorney Los Angeles
  • Tax Attorney Maryland
  • Tax Attorney California

Insurance:

  • Home insurance claim adjuster secret tactics
  • Insurance subscriber number
  • State farm id card
  • Ct scan cost with insurance
  • Benefits for green card holders over 65

Student Loans:

  • $50 000 loan payment for 10 years
  • Average credit score by age
  • $200 000 mortgage payment 30 years
  • How much is the mortgage on a million dollar home
  • Mortgage underwriter salary

Credit Cards:

  • Thd/cbna credit card
  • Goody’s credit card online payment
  • Shell credit card payment
  • Iddeal credit card
  • Victoria secret pay credit card
  • CONTACT
  • TERMS & CONDITIONS
  • PRIVACY POLICY & GDPR COMPLIANCE STATEMENT
  • COOKIE POLICY

© 2004 - 2022 allaboutcareers.com

No Result
View All Result
  • Looking for a Job
    • Resume Builder
    • Best Templates & Resume Example
    • Recommendation Letter Template
  • Student Finance
    • How Old To Open A Bank Account
    • Pay FAFSA Back
    • Pay Back Grants
    • Transfer Money From EDD Card to a Bank Account
    • Transfer Money to Your Daughter Day
    • Add Money to Robinhood Without a Bank Account
    • Get Money From Venmo Without Bank Account
    • $50 000 Loan 10 Years
  • Student loans
    • Canceling Student Loan Debt
    • Unsubsidized Student Loan
    • Bad Credit Loans Urban BCL
    • Increase Total Loan Balance
    • Student Loans Affect Credit Score
    • Reduce Total Loan Cost
    • Pay student loan 529
    • Paying Off Student Loans Help Credit Score
  • Job Opportunities
    • Kohl’s Job Application
    • Baskin Robbins Application
    • Subway Applications
    • Aldi Application
  • Job Profiles
    • Physiologist
    • Golf Caddy
    • Environmental Consultant
    • Ecologist
    • Banker
    • Marine Engineer
    • Brand Consultant
    • Media Buyer
    • Visual Merchandiser

© 2004 - 2022 allaboutcareers.com