As nouns the difference between taxonomy and mortgage
is that taxonomy is the science or the technique used to make a classification 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.
taxonomy
Noun
(taxonomies)
The science or the technique used to make a classification.
A classification; especially , a classification in a hierarchical system.
(taxonomy, uncountable) The science of finding, describing, classifying and naming organisms.
Synonyms
* alpha taxonomy
Derived terms
* folk taxonomy
* scientific taxonomy
See also
* classification
* rank
* taxon
* domain
* kingdom
* subkingdom
* superphylum
* phylum
* subphylum
* class
* subclass
* infraclass
* superorder
* order
* suborder
* infraorder
* parvorder
* superfamily
* family
* subfamily
* genus
* species
* subspecies
* superregnum
* regnum
* subregnum
* superphylum
* phylum
* subphylum
* classis
* subclassis
* infraclassis
* superordo
* ordo
* subordo
* infraordo
* taxon
* superfamilia
* familia
* subfamilia
* ontology
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.
*
*
Related terms
* mortgagee
* mortgager
