mortgage in Greek
mortgage in Greek is υποθήκη, υποθηκεύω — mortgage means a loan used to buy property, where the property itself is used as security for the debt.
mortgage in Greek
υποθήκη
Pronounced: ypothiki
(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.
υποθηκεύω
Pronounced: ypothikevo
(transitive, legal) To borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pledge a property in order to get a loan.
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.
"They took out a 25-year mortgage to buy their first house."
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verb To borrow money against a property, or to risk something valuable in order to get an immediate benefit.
"They mortgaged the family home to fund the new business."
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mortgage in a sentence
- They took out a 25-year mortgage to buy their first house.
- Rising interest rates pushed up monthly mortgage payments across the country.
- They mortgaged the family home to fund the new business.
- He joked that he was mortgaging his future to pay for this year's holiday.
Similar words in Greek
Common Greek translations
Frequently asked questions
What is "mortgage" in Greek?
"mortgage" in Greek is υποθήκη, υποθηκεύω. mortgage means: A loan used to buy property, where the property itself is used as security for the debt.
How do you pronounce υποθήκη?
"mortgage" in Greek is υποθήκη, pronounced "ypothiki".
How do you use "mortgage" in a sentence?
Example: "They took out a 25-year mortgage to buy their first house." In Greek, "mortgage" is υποθήκη, υποθηκεύω.
Are there other ways to say "mortgage" in Greek?
Yes — Greek has 2 translations listed for "mortgage": υποθήκη, υποθηκεύω.
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