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mortgage
noun · B2
UK /ˈmɔːɡɪdʒ/ US /ˈmɔːrɡɪdʒ/
a legal agreement by which a bank or similar organization lends you money to buy a house, etc., and you pay the money back over a particular number of years; the sum of money that you borrow
Example: to apply for/take out/pay off a mortgage
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