Dead pledge

a mortgage. See Mortgage.
(Law) A mortgage. See Mortgage.

See also: Dead, Pledge

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
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References in periodicals archive
The word "mortgage" comes from the Middle French meaning "dead pledge," referring to the fact that the property transaction is done--dead--when the debt is paid.
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The word "mortgage" comes from the French language of the Middle Ages, and means literally a "dead pledge."
The price of shelter
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