2020-11-08 ศัพท์ น่าสับสน ชุด M - mortgage & mortgager & mortgagee

Revision M-Q

2020-11-08

ศัพท์ น่าสับสน ชุด M - mortgage & mortgager & mortgagee

การใช้ภาษาอังกฤษ ที่ถือว่า ถูกต้องนี้ เป็นไปตามมาตรฐานการใช้ภาษา

การใช้คำอังกฤษ ไม่กำหนดมาตฐาน ถือตามส่วนใหญ่ที่ใช้แต่ละท้องถิ่น

ความหมาย อาจยืดหยุ่น ขึ้นอยู่กับ ตำแหน่ง/หน้าที่ ในประโยค

Dictionary.com

ออกเสียง mortgage = ‘MAWR-gij’

ออกเสียง Mortgagor or (less common) mortgager = ‘MAWR-guh-jer’

ออกเสียง mortgagee = ‘mawr-guh-JEE’

Dictionary.com

How This Word Was Formed?

Mortgage

A mortgage is “an agreementunder which a person

borrows money to buy property, like a house.”

Typically, a mortgage can take 15–30 years to pay off.

If that sounds like a heavy burden to shoulder through life,

then wait til you learn where it comes from.

Borrowed into English in the 14th century, 

mortgage literally means “dead pledge” (mort is“dead,” like mortal and gage, “pledge” or “stake,” related to wage.)

If the debt of a mortgage is paid, then the deal is done—likeit’s dead.

Suddenly housewarming parties seem like much more somber occasions.

Merriam-Webster Dictionary

Mortgage

Perhaps you have a mortgage, which would certainly be a salient factor to note when filling out your returns. You may forget the pain of doing taxes once you learn that this lovely word comes from two Old French words meaning "death" and "pledge"—or you may not.

American Heritage® Dictionary of the English Language,

Mortgage - mortgagee

Word History: 

In early Anglo-Norman law,

property pledged as security for a loan was normally

held by the creditor until the debt was repaid.

Under this arrangement, the profits or benefits that accrued to the holder of the property could either be applied to the discharge of the principal or taken by the creditor as a form of interest.

In his Tractatus de legibus et consuetudinibus regni Angliae (1189), Ranulf de Glanville explains that this latter type of pledge, in which the fruits of the property were taken by the creditor without reduction in the debt, was known by the term mort gage, which in Old French means "dead pledge." Because of Christian prohibitions on profiting from money lending, however, the mortgage was considered a species of usury.

The preferred type of pledge, in which the property's profits went to paying off the debt and thus continued to benefit the borrower, was known in Old French by the term vif gage, "living pledge." By the time of the great English jurist Thomas Littleton's Treatise on Tenures (1481), however, the mortgage had evolved into its modern form—a conditional pledge in which the property (and its profits) remain in possession of the debtor during the loan's repayment. This led Littleton and his followers, such as the influential jurist Sir Edward Coke (1552-1634), to explain the mort in mortgage in terms of the permanent loss of the property in the event the borrower fails to repay, rather than of the loss of the profits from the property over the duration of the loan.

Dictionary of Problem Words and Expression

Mortgager & mortgagee

Mortgager (the word is also correctly spelled mortgagor) is one who mortgages his property, that is, obligates or pledges material goods as security for repayment of money.

(The word mortgage is derived from Latin term meaning “death pledge.”

A mortgagee is someone to whom property is mortgaged.