Inflation vs Mortgage - What's the difference?
inflation | mortgage |
An act, instance of, or state of expansion or increase in size, especially by injection of a gas.
(economics) An increase in the general level of prices or in the cost of living.
(economics) A decline in the value of money.
(economics) An increase in the quantity of money, leading to a devaluation of existing money.
Undue expansion or increase, as of academic grades.
(cosmology) An extremely rapid expansion of the universe, theorised to have occurred very shortly after the big bang.
(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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As nouns the difference between inflation and mortgage
is that inflation is inflation while 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.inflation
English
(wikipedia inflation)Noun
(en noun)- The inflation of the balloon took five hours.