| 词汇 | mortgage |
| 词源 | mortgage. English jurist Sir Edward Coke explained in the early 17th century why the Old French expression mortgage meant “dead pledge,” taking its name from mort, “dead,” and gage, “pledge”: “It seemeth that the cause why it is called mort- gage is, for that it is doubtful whether the Feoffer will pay at the day limited such summe or not & if he doth not pay, then the land which is put in pledge upon condition for the payment of the money, is taken from him for ever, and so dead to him upon condition, & c. And if he doth pay the money, then the pledge is dead as to the Tenant . . .” |
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