Extravagant vs Mortgage - What's the difference?
extravagant | mortgage |
Exceeding the bounds of something; roving; hence, foreign.
* (William Shakespeare)
Extreme; wild; excessive; unrestrained.
* Addison
*{{quote-book, year=1963, author=(Margery Allingham)
, title=(The China Governess), chapter=1 Exorbitant.
*{{quote-magazine, date=2013-06-08, volume=407, issue=8839, page=55, magazine=(The Economist)
, title= Profuse in expenditure; prodigal; wasteful.
(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.
*
*
As an adjective extravagant
is exceeding the bounds of something; roving; hence, foreign.As a noun mortgage is
(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.As a verb mortgage is
(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.extravagant
English
Adjective
(en adjective)- The extravagant and erring spirit hies / To his confine.
- There appears something nobly wild and extravagant in great natural geniuses.
citation, passage=The half-dozen pieces […] were painted white and carved with festoons of flowers, birds and cupids. […] The bed was the most extravagant piece. Its graceful cane halftester rose high towards the cornice and was so festooned in carved white wood that the effect was positively insecure, as if the great couch were trimmed with icing sugar.}}
Obama goes troll-hunting, passage=According to this saga of intellectual-property misanthropy, these creatures [patent trolls] roam the business world, buying up patents and then using them to demand extravagant payouts from companies they accuse of infringing them. Often, their victims pay up rather than face the costs of a legal battle.}}
- (Bancroft)
