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Mortgage vs Null - What's the difference?

mortgage | null |

As nouns the difference between mortgage and null

is that 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 while null is zero, nil; the cardinal number before einn.

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.

mortgage

English

Noun

(en noun)
  • (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.
  • Derived terms

    * anaconda mortgage

    Verb

    (mortgag)
  • (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.
  • *
  • *
  • null

    English

    Noun

    (en noun)
  • A non-existent or empty value or set of values.
  • Zero]] quantity of [[expression, expressions; nothing.
  • (Francis Bacon)
  • Something that has no force or meaning.
  • (computing) the ASCII or Unicode character (), represented by a zero value, that indicates no character and is sometimes used as a string terminator.
  • (computing) the attribute of an entity that has no valid value.
  • Since no date of birth was entered for the patient, his age is null .
  • One of the beads in nulled work.
  • (statistics) null hypothesis
  • Adjective

    (en adjective)
  • Having no validity, "null and void"
  • insignificant
  • * 1924 , Marcel Proust, Within a Budding Grove :
  • In proportion as we descend the social scale our snobbishness fastens on to mere nothings which are perhaps no more null than the distinctions observed by the aristocracy, but, being more obscure, more peculiar to the individual, take us more by surprise.
  • absent or non-existent
  • (mathematics) of the null set
  • (mathematics) of or comprising a value of precisely zero
  • (genetics, of a mutation) causing a complete loss of gene function, amorphic.
  • Derived terms

    * nullity

    Verb

    (en verb)
  • to nullify; to annul
  • (Milton)

    See also

    * nil ----