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In my view, the Christian religion is the most important and one of the first things in which all children, under a free government ought to be instructed... No truth is more evident to my mind than that the Christian religion must be the basis of any government intended to secure the rights and privileges of a free people.
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1828 Noah Webster Dictionary
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1828.mshaffer.com › Word [mortgage]

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mortgage

MORTGAGE, n. mor'gage.

1. Literally, a dead pledge; the grant of an estate in fee as security for the payment of money, and on the condition that if the money shall be paid according to the contract, the grant shall be void, and the mortgagee shall re-convey the estate to the mortgager. Formerly the condition was,that if the mortgager should repay the money at the day specified, he might then re-enter on the estate granted in pledge; but the modern practice is for the mortgagee, on receiving payment, to reconvey the land to the mortgager. Before the time specified for payment, that is, between the time of contract and the time limited for payment, the estate is conditional, and the mortgagee is called tenant in mortgage; but on failure of payment at the time limited, the estate becomes absolute in the mortgagee. But in this case, courts of equity interpose,and if the estate is of more value than the debt, they will on application grant a reasonable time for the mortgager to redeem the estate. This is called the equity of redemption.

2. The state of being pledged; as lands given in mortgage.

3. A pledge of goods or chattels by a debtor to a creditor, as security for the debt.

MORTGAGE, v.t. mor'gage. To grant an estate in fee as security for money lent or contracted to be paid at a certain time, on condition that if the debt shall be discharged according to the contract, the grant shall be void, otherwise to remain in full force. It is customary to give a mortgage for securing the repayment of money lent, or the payment of the purchase money of an estate, or for any other debt.

1. To pledge; to make liable to the payment of any debt or expenditure.

Already a portion of the entire capital of the nation is mortgaged for the support of drunkards.


Evolution (or devolution) of this word [mortgage]

1828 Webster1844 Webster1913 Webster

MORTGAGE, n. mor'gage.

1. Literally, a dead pledge; the grant of an estate in fee as security for the payment of money, and on the condition that if the money shall be paid according to the contract, the grant shall be void, and the mortgagee shall re-convey the estate to the mortgager. Formerly the condition was,that if the mortgager should repay the money at the day specified, he might then re-enter on the estate granted in pledge; but the modern practice is for the mortgagee, on receiving payment, to reconvey the land to the mortgager. Before the time specified for payment, that is, between the time of contract and the time limited for payment, the estate is conditional, and the mortgagee is called tenant in mortgage; but on failure of payment at the time limited, the estate becomes absolute in the mortgagee. But in this case, courts of equity interpose,and if the estate is of more value than the debt, they will on application grant a reasonable time for the mortgager to redeem the estate. This is called the equity of redemption.

2. The state of being pledged; as lands given in mortgage.

3. A pledge of goods or chattels by a debtor to a creditor, as security for the debt.

MORTGAGE, v.t. mor'gage. To grant an estate in fee as security for money lent or contracted to be paid at a certain time, on condition that if the debt shall be discharged according to the contract, the grant shall be void, otherwise to remain in full force. It is customary to give a mortgage for securing the repayment of money lent, or the payment of the purchase money of an estate, or for any other debt.

1. To pledge; to make liable to the payment of any debt or expenditure.

Already a portion of the entire capital of the nation is mortgaged for the support of drunkards.

MORT'GAGE, n. [mor'gage; Fr. mort, dead, and gage; pledge.]

  1. Literally, a dead pledge; the grant of an estate in fee as security for the payment of money, and on the condition that if the money shall be paid according to the contract, the grant shall be void, and the mortgagee shall reconvey the estate to the mortgager. Formerly the condition was, that if the mortgager should repay the money at the day specified, he might then re-enter on the estate granted in pledge; but the modern practice is for the mortgagee, on receiving payment, to reconvey the land to the mortgager. Before the time specified for payment, that is, between the time of contract and the time limited for payment, the estate is conditional, and the mortgagee is called tenant in mortgage; but on failure of payment at the time limited, the estate becomes absolute in the mortgagee. But in this case, courts of equity interpose, and if the estate is of more value than the debt, they will on application grant a reasonable time for the mortgager to redeem the estate. This is called the equity of redemption. Blackstone.
  2. The state of being pledged as, lands given in mortgage.
  3. A pledge of goods or chattels by a debtor to a creditor, as security for the debt. Kent. [This use is of modern origin.]

MORT-GAGE, v.t. [mor'gage.]

  1. To grant an estate in fee as security for money lent or contracted to be paid at a certain time on condition that if the debt shall be discharged according to the contract, the grant shall be void, otherwise to remain in full force. It is customary to give a mortgage for securing the repayment of money lent, or the payment of the purchase money of an estate, or for any other debt.
  2. To pledge; to make liable to the payment of any debt or expenditure. Already a portion of the entire capital of the nation is mortgaged for the support of drunkards. L. Beecher.

Mort"gage
  1. A conveyance of property, upon condition, as security for the payment of a debt or the preformance of a duty, and to become void upon payment or performance according to the stipulated terms; also, the written instrument by which the conveyance is made.

    * It was called a mortgage (or dead pledge) because, whatever profit it might yield, it did not thereby redeem itself, but became lost or dead to the mortgager upon breach of the condition. But in equity a right of redemption is an inseparable incident of a mortgage until the mortgager is debarred by his own laches, or by judicial decree. Cowell. Kent.

  2. To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption.
  3. State of being pledged; as, lands given in mortgage.

    Chattel mortgage. See under Chattel. -- To foreclose a mortgage. See under Foreclose. -- Mortgage deed (Law), a deed given by way of mortgage.

  4. Hence: To pledge, either literally or figuratively] to make subject to a claim or obligation.

    Mortgaging their lives to covetise. Spenser.

    I myself an mortgaged to thy will. Shak.

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Mortgage

MORTGAGE, noun mor'gage.

1. Literally, a dead pledge; the grant of an estate in fee as security for the payment of money, and on the condition that if the money shall be paid according to the contract, the grant shall be void, and the mortgagee shall re-convey the estate to the mortgager. Formerly the condition was, that if the mortgager should repay the money at the day specified, he might then re-enter on the estate granted in pledge; but the modern practice is for the mortgagee, on receiving payment, to reconvey the land to the mortgager. Before the time specified for payment, that is, between the time of contract and the time limited for payment, the estate is conditional, and the mortgagee is called tenant in mortgage; but on failure of payment at the time limited, the estate becomes absolute in the mortgagee. But in this case, courts of equity interpose, and if the estate is of more value than the debt, they will on application grant a reasonable time for the mortgager to redeem the estate. This is called the equity of redemption.

2. The state of being pledged; as lands given in mortgage

3. A pledge of goods or chattels by a debtor to a creditor, as security for the debt.

MORTGAGE, verb transitive mor'gage. To grant an estate in fee as security for money lent or contracted to be paid at a certain time, on condition that if the debt shall be discharged according to the contract, the grant shall be void, otherwise to remain in full force. It is customary to give a mortgage for securing the repayment of money lent, or the payment of the purchase money of an estate, or for any other debt.

1. To pledge; to make liable to the payment of any debt or expenditure.

Already a portion of the entire capital of the nation is mortgaged for the support of drunkards.

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The meanings of words have been distorted to the point that they are nearly unrecognizable, some carrying connotations which pollute the use of the word in any other context, and other completely redefined. It is my wish to reverse the trend.

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Word of the Day

importance

IMPORT'ANCE, n.

1. Weight; consequence; a bearing on some interest; that quality of any thing by which it may affect a measure, interest or result. The education of youth is of great importance to a free government. A religious education is of infinite importance to every human being.

2. Weight or consequence in the scale of being.

Thy own importance know.

Nor bound thy narrow views to things below.

3. Weight or consequence in self-estimation.

He believes himself a man of importance.

4. Thing implied; matter; subject; importunity. [In these senses, obsolete.]

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TWIDLE, for tweedle. [See Tweedle.]

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