{
  "id": "mortgage.financial",
  "term": "mortgage",
  "sense": "financial",
  "pos": "noun",
  "status": "review",
  "level": 18,
  "arena": "mortgage",
  "domain": "finance",
  "style": null,
  "definition": "a loan that is bound to a property",
  "folk_gloss": null,
  "emergence": {
    "components": [
      "loan.financial",
      "estate.property",
      "boundary.limit",
      "property.attribute"
    ],
    "interaction": "the loan is bound to the property",
    "novel_properties": [
      "secured obligation",
      "collateral dependence",
      "repayment tied to asset"
    ]
  },
  "examples": [
    {
      "text": "In 2008, Lehman Brothers held mortgage-backed securities tied to subprime loans on U.S. homes.",
      "domain": "economics"
    },
    {
      "text": "The 15-year fixed-rate mortgage at 4.5% offered by Chase Bank in 2023 bound the borrower to repay with interest.",
      "domain": "institutions"
    },
    {
      "text": "A Tokyo apartment building financed through a 35-year mortgage from Mitsubishi UFJ in 2021 secured the loan against the property title.",
      "domain": "engineering"
    }
  ],
  "relations": [
    {
      "id": "loan.financial",
      "note": "is-a",
      "type": "is-a"
    },
    {
      "id": "estate.property",
      "note": "enables",
      "type": "enables"
    }
  ],
  "used_by": [],
  "forms": [
    "mortgage",
    "mortgaged",
    "mortgages",
    "mortgaging"
  ],
  "closed": true,
  "provenance": {
    "author": "openrouter:openai/gpt-oss-120b",
    "date": "2026-07-29",
    "confidence": 0.6,
    "reconciled": {
      "by": "openrouter:qwen/qwen3-235b-a22b-2507",
      "date": "2026-07-31",
      "changed": "factual",
      "note": "added missing constitutive concepts (boundary.limit, property.attribute) required by the notion of 'property' in 'bound to a property'; kept definition as is since it's accurate and minimal"
    }
  },
  "canonical": "https://emergencemachine.com/tools/lexicon/what-is-the-meaning-of-mortgage.financial"
}