Last Updated：2025/11/19
(law) 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.
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mortgage
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Source Word
mortgage
IPA(Pronunciation)
Noun
countable
uncountable
obsolete
(law)
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.
Japanese Meaning
不動産（住宅や農地など動かせない資産）を担保にして、貸付を受ける契約またはその際に設定される抵当権
Sense（1）
(law)
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.
Sense（2）
（ plural ）
