抵当 — meaning in English
teitō
Japanese → English · translate English → Japanese instead
English meaning
- collateral noun An asset pledged as security for a loan, which the lender can claim if the borrower fails to repay.
- mortgage noun A loan used to buy property, where the property itself is used as security for the debt.
- pledge verb To make a solemn promise to do something.
- security noun The state of being safe from danger, harm, or threat.
Senses
抵当 is used for these senses in English:
- collateral (finance) A security or guarantee (usually an asset) pledged for the repayment of a loan if one cannot procure enough funds to repay.
- mortgage (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.
- pledge A solemn promise to do something.
- security (finance, often, in plural) A tradeable financial asset, such as a share of stock or any of various classes of bond.W
collateral — full definition
- noun An asset pledged as security for a loan, which the lender can claim if the borrower fails to repay.
- adj Secondary or incidental, alongside the main effect or target.
mortgage — full definition
- noun A loan used to buy property, where the property itself is used as security for the debt.
- verb To borrow money against a property, or to risk something valuable in order to get an immediate benefit.