What's the difference between mortgage and pawn?

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.

Pawn


Definition:

  • (n.) See Pan, the masticatory.
  • (n.) A man or piece of the lowest rank.
  • (n.) Anything delivered or deposited as security, as for the payment of money borrowed, or of a debt; a pledge. See Pledge, n., 1.
  • (n.) State of being pledged; a pledge for the fulfillment of a promise.
  • (n.) A stake hazarded in a wager.
  • (v. t.) To give or deposit in pledge, or as security for the payment of money borrowed; to put in pawn; to pledge; as, to pawn one's watch.
  • (v. t.) To pledge for the fulfillment of a promise; to stake; to risk; to wager; to hazard.

Example Sentences:

  • (1) Frederick Juuko, a Ugandan law professor and critic of foreign influence in Ugandan politics, agrees that homosexuality is a pawn for many in times of desperation, including government.
  • (2) I had jewellery, so I pawned all that, and I taught yoga – that paid the school fees.
  • (3) They could be playing these people – Morales, Chesimard – off as pawns.” While Cuba was once an attractive destination for criminals, revolutionaries and skyjackers – 34 of 62 American plane hijackers flew to Cuba in 1969 – Fidel Castro lost patience with the swarm as early as the 70s.
  • (4) In his two interrogations in Belgium, Abdeslam gave the impression he was merely a pawn of Abaaoud and his own brother Brahim, who blew himself up outside a Paris cafe.
  • (5) Snap – they're my photos 8 Extreme Mountain Unicycling This is wheely dangerous, said a spokesman … 9 How to win Chess in 4 moves Pawn movie 10 Dog Jumps Over A River Cute – you'll want to stream this video Source: Viral Video Chart .
  • (6) Experiments were done on wild type P. caudatum and on both the wild type and a pawn mutant of P. tetraurelia.
  • (7) For most women born into the political world, their job description is more pawn than queen: to serve as the physical embodiment of political alliances by marrying husbands chosen by their fathers and giving birth to male heirs.
  • (8) If in the past the 'louts' were forgotten, it looks like they could now be used as pawns by France's politicians.
  • (9) Mutants of Paramecium aurelia that are unable to reverse swimming direction are called pawns.
  • (10) We’re extremely worried that she’s being used as a political pawn.
  • (11) The kinetic properties of the ciliary membrane Ca2+ ATPase activity in wild type and several behavioral mutants were similar except for those in the pawn mutant, d495, and the paranoiac mutant, d490, both of which had lower specific activities.
  • (12) Photograph: PA Walker went on: “In stark contrast to how we were treated by the police, the CPS and court staff who were truly respectful and sensitive, I don’t think that as victims we have been treated with genuine respect, but are pawns in the BBC’s ambition to be seen to protect its reputation.
  • (13) But he added, repeating Putin's line, that people "should not turn into 'pawns' in the hands of those who want to destroy our country".
  • (14) He refers to the battle as a "different titans' game" which makes the Standard seem like a pawn.
  • (15) To keep up, the older generation has begun pawning heirlooms and jewellery to get through the winter.
  • (16) A small girl's placard proclaimed: "When the situation is as dire as this I don't mind my parents using me as a political pawn."
  • (17) Surrogate mothering and surrogate gestational mothering force us to redefine the age old dictum mater certa est and can render the child a helpless pawn in parental, emotional, and legal strife.
  • (18) The government of Nauru has said most incidents detailed in the Nauru files were “fabricated” and has accused Australian media and politicians of using refugees as political pawns.
  • (19) Two heat-sensitive "pawn" mutants of Paramecium aurelia are capable of avoiding reactions when grown at 23 degrees C but not at 35 degrees C. Electrophysiological analyses show that Ca activation is reduces in the mutants even when they are grown at 23 degrees C. The maximal rate of rise and the peak of the evoked action potential (Ca-spike) in the mutants are smaller than those of wild type in a K-solution.
  • (20) Contrary to media reports, most passengers have not become pawns in an epic industrial battle pitting the human right to free assembly against corporate self-determination.

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