Welsh mortgage
Welsh mortgage noun: a kind of mortgage, being a conveyance of an estate, redeemable at any time on payment of the principal, with an understanding that the profits in the meantime shall be received by the mortgagee without account, in satisfaction of interest.
Noun
Welsh mortgage (plural Welsh mortgages)
- A kind of mortgage, being a conveyance of an estate, redeemable at any time on payment of the principal, with an understanding that the profits in the meantime shall be received by the mortgagee without account, in satisfaction of interest.
- The possession of the mortgagee is of the very essence of the Welsh mortgage, and every receipt of rent is a receipt, by virtue of the contract[…]1857, William Richard Fisher, The Law of Mortgage
Forms of Welsh mortgage
| plural | Welsh mortgages |
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Questions about Welsh mortgage
- What does Welsh mortgage mean?
- Welsh mortgage means a kind of mortgage, being a conveyance of an estate, redeemable at any time on payment of the principal, with an understanding that the profits in the meantime shall be received by the mortgagee without account, in satisfaction of interest.
- What part of speech is Welsh mortgage?
- Welsh mortgage is a noun.
- What is the plural of Welsh mortgage?
- The plural of Welsh mortgage is Welsh mortgages.
Words near Welsh mortgage in the dictionary
Source and license
Adapted from Wiktionary: Welsh mortgage (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “Welsh mortgage.” Word.ws, https://word.ws/welsh_mortgage. Based on Wiktionary, CC BY-SA 4.0.