Definition

1. Verb:

   • To mortgage: To pledge a property, typically real estate, as security for a loan. The borrower retains possession and use of the property.
   • To pledge / To collateralize: To offer any asset (e.g., a car, savings book) as security or collateral for a debt or obligation.

2. Noun:

   • Mortgage / Pledge: The legal agreement itself, or the state of an asset being used as security. The asset acts as a guarantee for the lender.

Usage Examples

• Verb:

  • Họ phải thế chấp ngôi nhà để vay tiền kinh doanh. (They had to mortgage their house to borrow money for business.)
  • Anh ấy thế chấp sổ tiết kiệm tại ngân hàng. (He pledged his savings book at the bank.)

• Noun:

  • Hợp đồng thế chấp rất phức tạp. (The mortgage contract is very complicated.)
  • Tài sản đó đang trong tình trạng thế chấp. (That asset is in a state of pledge.)

Advanced Usage

• "Cho vay có thế chấp": Secured lending.

  • Ngân hàng chủ yếu hoạt động dựa trên cho vay có thế chấp. (The bank operates primarily on secured lending.)

• "Giải chấp" / "Xóa thế chấp": To release a mortgage; to have the collateral lien removed after the debt is fully paid.

  • Sau khi trả hết nợ, họ đã làm thủ tục giải chấp. (After repaying the debt, they completed the mortgage release procedure.)

Variants and Related Words

• Cầm cố (v): To pawn; to pledge movable property where possession is usually transferred to the lender.

  • Ông ấy cầm cố chiếc xe máy. (He pawned his motorbike.)

• Tài sản thế chấp (n): Collateral; the asset pledged as security.

  • Tài sản thế chấp của khoản vay này là một căn hộ. (The collateral for this loan is an apartment.)

Synonyms

• Mortgage: Specifically for real estate.
• Pledge: A more general term for offering something as security.
• Collateralize: The action of using an asset as collateral.

Related Idioms

• "Lấy của thế chấp": To take/confiscate the collateral. This refers to the lender's right to seize the pledged asset if the borrower defaults.
  • Nếu không trả nợ, ngân hàng có quyền lấy của thế chấp. (If you don't repay the loan, the bank has the right to take the collateral.)