Caveat vs Mortgage - What's the difference?
caveat | mortgage |
a warning
* 1986 March 9, , "Able Were They Ere They Saw Cable", New York Times :
a qualification or exemption
* 2014 , Jamie Jackson, "
(legal) a notice requesting a postponement of a court proceeding
(legal) a formal notice of interest in land, under a
To qualify a particular statement with a proviso or
* {{quote-book, 1996, Raymond M. Saunders, Blood Tells: A Thriller, page=217
, passage=I want to caveat everything I say with the disclaimer that I was working from photos.}}
(legal) To lodge a formal notice of interest in land, under a
* {{quote-book, 2005, Geoff Moore, Essential Real Property, page=93, pageurl=http://books.google.com/books?id=rKcywZ_1NrMC&pg=PA93, isbn=1876905174
, passage=It is unclear whether or not a purchaser upon exchange of contracts will be regarded as guilty of postponing conduct if failing to caveat .}}
(legal, dated) To issue a notice requesting that proceedings be suspended
* {{quote-book, 1840, T.P. Devereux & W.H. Battle, Reports of cases in equity, argued and determined before the Supreme Court of North Carolina, chapter=Gee v. Gee & Tunstall, pageurl=http://books.google.com/books?id=hMYDAAAAYAAJ&pg=PA108, page=108
, passage=The answer further alleged that the intestate, in right of his wife, caveated the probate in Virginia of the will of one William Hill, her relation
* {{quote-news, 1913, December 6, , Probate Court, Sydney Morning Herald, pageurl=http://news.google.com/newspapers?id=lKgTAAAAIBAJ&sjid=eroDAAAAIBAJ&pg=4420,1740645&dq=caveated-against, page=5
, passage=The defendant, father of the testator, had caveated against granting of probate on the ground that the will not duly executed,
(obsolete) To warn or caution against some event
* {{quote-book, 1663, John Scott, date=December 14, chapter=Captain John Scott to Under Secr'y William., Documents Relative to the Colonial History of the State of New York, year_published=1853, volume=3, page=48
, passage=I beseach you to caveat any addresse being fully heard until some person commissioned from this Countrey be their to confront the sayd Dutch or their complices.}}
* {{quote-book, 1825, , Supplement to the Etymological Dictionary of the Scottish Language, volume=1, pageurl=http://books.google.com/books?id=9w8oAAAAYAAJ&pg=PA210, page=210
, passage=This last expression minds me to caveat the Reader, not to be angry at Helebore because it's called Christmas flowre ;
(legal) A special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property such as a house or piece of farm land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered.
(obsolete) State of being pledged.
(legal) To borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pledge a property in order to get a loan.
(figurative) To pledge and make liable; to make subject to obligation; to achieve an immediate result by paying for it in the long term.
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In lang=en terms the difference between caveat and mortgage
is that caveat is to lodge a formal notice of interest in land, under a Torrens land-title systemmortgage is a special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property such as a house or piece of farm land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered.In obsolete terms the difference between caveat and mortgage
is that caveat is to warn or caution against some event while mortgage is state of being pledged.As nouns the difference between caveat and mortgage
is that caveat is a warning while mortgage is a special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property such as a house or piece of farm land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered.As verbs the difference between caveat and mortgage
is that caveat is to qualify a particular statement with a proviso or caveat while mortgage is to borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pledge a property in order to get a loan.caveat
English
Noun
(en noun)- Two young Harvard M.B.A.'s worked up some highly optimistic projections -- with the caveat that these were speculative and should of course be tested.
- He gave his daughter some hyacinth bulbs with the caveat that she plant them in the shade.
Ángel di María says Manchester United were the ‘only club’ after Real", The Guardian , 26 August 2014:
- If a midfielder and a defender are acquired by 1 September then Louis van Gaal will consider United’s summer in the market almost a success. The one caveat is that the Dutchman wished to have finished strengthening the squad before the start of the season.
Verb
(en verb)citation
citation
Derived terms
* caveatable * caveatee * caveator * caveatory * caveatrix * patent caveat * uncaveatedUsage notes
* The modern use of "caveat" as a verb meaning "to qualify with a proviso" is often considered awkward or improper. This usage is strongly associated with former US Secretary of State . ** {{quote-news, **, 1981, , Jim Quinn, Lingo, The Nationcitation, passage=Brzezinski never used caveat as a verb. Does that make him better than Haig? }} ** {{quote-book, **, 1993, edition=2002 ed., Robert McCrum et al., The Story of English
citation, passage= Some years ago, General Alexander Haig ** {{quote-book, **, 2003, William A. McIntosh, Guide to Effective Military Writing, page=59, pageurl=http://books.google.com/books?id=RPM-6XjS5eoC&pg=PA59 , passage=Using words such as "caveat ," "resource," and "interface" as verbs is not only poor style, but also poor usage. They are nouns, not verbs, and they shouldn't be used as if they were.}}
