unmortgaged
/'ʌn'mɔ:gidʤd/
Definition
- Adjective:
- Free from mortgage or any other legal claim or debt: Describes property or assets that are not pledged as security for a loan and are therefore owned outright without any financial encumbrance.
- Free from any encumbrance or limitation: More broadly, it can describe a title or right that is clear, absolute, and not subject to any legal question or restriction.
Usage Examples
- Adjective:
- The house was finally unmortgaged after the last payment was made.
- She inherited an unmortgaged piece of land from her grandfather.
- I have clear and unmortgaged title to this property.
Advanced Usage
- Legal/Formal Context: The term is most commonly used in legal, financial, and real estate contexts to describe the status of ownership.
- The seller provided documentation proving the estate was unmortgaged and free of liens.
Variants and Related Words
- Unencumbered (adj): A close synonym, meaning free of burdens or obligations, especially legal or financial ones.
- He owned the car unencumbered.
- Clear title (noun phrase): A legal term for ownership without any claims against it.
- The lawyer confirmed the clear title on the deed.
Synonyms
- Free and clear: (idiomatic) Owned without any debt or legal claims.
- Unencumbered: Not burdened with debts or obligations.
- Outright: In full and complete possession.
Antonyms
- Mortgaged: Pledged as security for a loan.
- Encumbered: Burdened with legal or financial obligations.
- Liened: Subject to a legal claim (lien).
Related Phrases
- To hold something unmortgaged: To own something without a mortgage.
- Their goal was to hold their home unmortgaged within ten years.
Adjective
-
(especially of a title) free from any encumbrance or limitation that presents a question of fact or law
-
I have clear title to this property
-
Khám phá thêm
Các từ liên quan
Từ đồng nghĩa
Từ tương tự
