mortgage in Chinese
mortgage in Chinese is 抵押 — mortgage means a loan used to buy property, where the property itself is used as security for the debt.
mortgage in Chinese
抵押
Pronounced: dǐ yā
(legal) A special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property, such as a house or piece of farm land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered.
What does "mortgage" mean?
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noun A loan used to buy property, where the property itself is used as security for the debt.
"After years of saving, she finally paid off her mortgage."
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verb To borrow money against a property, or to risk something valuable in order to get an immediate benefit.
"Having mortgaged the farm twice, they struggled to keep up with the repayments."
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mortgage in a sentence
- After years of saving, she finally paid off her mortgage.
- They took out a 25-year mortgage to buy their first house.
- Having mortgaged the farm twice, they struggled to keep up with the repayments.
- They mortgaged the family home to fund the new business.
Common Chinese translations
Frequently asked questions
What is "mortgage" in Chinese?
"mortgage" in Chinese is 抵押. mortgage means: A loan used to buy property, where the property itself is used as security for the debt.
How do you pronounce 抵押?
"mortgage" in Chinese is 抵押, pronounced "dǐ yā".
How do you use "mortgage" in a sentence?
Example: "After years of saving, she finally paid off her mortgage." In Chinese, "mortgage" is 抵押.
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