What's the difference between encumbrance and mortgage?

Encumbrance


Definition:

  • (n.) That which encumbers; a burden which impedes action, or renders it difficult and laborious; a clog; an impediment. See Incumbrance.
  • (n.) Same as Incumbrance.

Example Sentences:

  • (1) The Russians call it [the Crimea operation] ‘fast power’ – there are no democratic encumbrances, executive power is sovereign, the legislature, the military, the media, the judiciary are compliant.
  • (2) The ergonomic demands of firefighting are extreme at peak activity because of high energy costs for activities such as climbing aerial ladders, the positive heat balance from endogenous and absorbed environmental heat, and encumbrance by bulky but necessary protective equipment.
  • (3) Next to all these encumbrances the author remembers also many pleasant events and great satisfaction given by the special way of life and acting.
  • (4) Measurements of foot length are valuable in premature babies who are too ill at birth for conventional anthropometric measurements to be made, and in whom such measurements cannot be carried out subsequently because of the encumbrance of the incubator and intensive care apparatus.
  • (5) Although various complications such as electrolyte imbalance and urinary infection are known to be induced by ureterosigmoidostomy, it is still a surgical technique difficult to ignore since it allows patients to lead an almost normal life without the encumbrance of external urinary devices.
  • (6) The major advantages of this system as compared with available systems are ease of use, decreased patient encumbrance, potential for portability, potential for digitizing the signal for minicomputer compatibility, and greatly reduced expense.
  • (7) Both Russia and China have expressed interest in snapping up the state-run railway network, one of the biggest encumbrances on public finances before the debt crisis erupted in late 2009.
  • (8) And, no less naturally, Trump supports them – as well as regarding Nato as “obsolete” and the UN as an encumbrance to US power (even if his subordinates rush to foreign capitals to say the opposite).
  • (9) The size of the unit is 4.5 x 6.5 x 2 cm and it weighs about 60 g. It is designed to acquire EEG and other physiological data where the requirement is to obtain bioelectrical activity without cable encumbrance or confining behavioral restrictions.
  • (10) Thus, knowledge is still incomplete, but the review indicates that loneliness may be significant at all stages in the course of alcoholism: as a contributing and maintaining factor in the growth of abuse and as an encumbrance in attempts to give it up.
  • (11) Our findings, albeit limited, suggest that greater caution should be used in implicating associations of spermatozoal autoantibodies with absolute infertility, because novel assisted reproductive technologies often may obviate conventional encumbrances on opportunities for pregnancy.
  • (12) The incidence of surgically treated lumbar disc herniation among people aged 18 years or younger was calculated, and the expected value of disc herniation was obtained in an age-specific manner, on the basis of the age distribution of encumbrances in the above case-control study.
  • (13) Mr Anthony Asquith, the president of the A.C.T., then read aloud from the scroll conferring on Mr Chaplin honorary membership of the association for life "free of all charges and encumbrances absolutely."
  • (14) The encumbrances of 18-year-old or younger patients with lumbar disc herniation showed familial predisposition, with an odds ratio of 5.61 in comparison to the controls.
  • (15) Seventy-nine percent of the patients who used both systems preferred the TAS for better handling, lower encumbrance, and major safety.
  • (16) The mayhem and nastiness of the occasion were encumbrances for Spain, who would have envisaged a wholly different type of game.
  • (17) It was suggested that there is familial clustering of lumbar disc herniation among the encumbrances of 18-year-old or younger patients with lumbar disc herniation.
  • (18) When certain ailments are an overwhelming and irremediable encumbrance, treatment directed at other curable ailments, although life-saving, cannot effectively achieve the goals of medicine.
  • (19) The volume events of breathing can be measured without recourse to a mouthpiece or face mask, other than for calibration, and with minimal encumbrance to the subject.
  • (20) Nonacoustic alternatives which could obviate these encumbrances have not become practical due to inefficient coupling (piezoelectric techniques) or unfeasible power requirements (electromagnetic techniques).

Mortgage


Definition:

  • (n.) 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.
  • (n.) State of being pledged; as, lands given in mortgage.
  • (v. t.) 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.
  • (v. t.) Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation.

Example Sentences:

  • (1) • This article was amended on 1 September 2014 because an earlier version described Platinum Property Partners as a buy-to-let mortgage lender.
  • (2) Gross mortgage lending stood at £7.9bn in April compared with £8.7bn in March and a six-month average of £9.9bn.
  • (3) "We have concerns that a potential buyer looking at a property may not value the improvements carried out under Green Deal and may not want to pay for them," a mortgage industry source told the Observer .
  • (4) The Guardian has a mortgage advice service, provided by London & Country
  • (5) Santander's new mortgage range complements this, putting our relationship with our customers at the heart of our business and ensuring they get the right mortgage for them – one they can afford and which meets their needs."
  • (6) To comply with these rules, interest is not paid on Islamic savings or current accounts, or charged on Islamic mortgages.
  • (7) The BBA statistics director, David Dooks, said: "It was no surprise to see the January mortgage figures falling back from December, when transactions were being pushed through to beat the end of stamp duty relief.
  • (8) The City watchdog said call handlers at Yorkshire, the UK’s second-biggest building society after Nationwide, failed to deal properly with customers who contacted the society about problems paying their mortgage.
  • (9) One mortgage payer, writing on the MoneySavingExpert forum, said: "They are asking for an extra £200 per month for the remaining nine years of our mortgage.
  • (10) "Getting a 95% loan to value mortgage lets you speculate on the expected house price increases a lot more than a 75% mortgage," he said.
  • (11) Childcare carves out a hefty third of household income for one in three families, overshadowing mortgage repayments as the biggest family expenditure .
  • (12) It’s been widely reported that black people are disproportionately harmed by the mortgage market.
  • (13) Would I be stupid not to wait another six months or so, to get a 90% mortgage given the cons of Help to Buy?
  • (14) Data from a sample of completed property sales provided by mortgage lenders, representing about 65%-70% of homes bought with mortgages.
  • (15) Alternatively, if your mortgage has been going for a few years – and so a reasonable amount of capital has been repaid, you may be able to borrow back up to the value of the original mortgage.
  • (16) As part of the plan, the treasury and the Federal Deposit Insurance Corporation will guarantee against the "possibility of unusually large losses" on up to $306bn of risky loans and securities backed by commercial and residential mortgages.
  • (17) Mortgage lenders are failing to follow rules designed to help people avoid repossession, according to a damning report published today.
  • (18) The main plans include: • a scheme to help buyers secure mortgages of up to 95% loan-to-value.
  • (19) If Thatcher's government is in part to blame, then Bill Clinton's is even more so; driven by a desire to let every American own their own home, it was Clinton's decision to create the ill-fated sub-prime mortgage system .
  • (20) For those who can't stump up more than 5% of the agreed price, he suggests guarantor mortgages, such as that offered by Lloyds TSB.