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Longman Dictionary English

From Longman Business Dictionarylegal mortgageˌlegal ˈmortgageFINANCELAW in Britain, a mortgage where the lender gets control of the property if the loan is not repaid, as the property is used as SECURITY on the loanThe security is by way of specific legal mortgage or charge on the company’s land. → mortgage
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May 09, 2025

pencil
noun ˈpensl
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