(n.) A conveyance of property, upon condition, as security for
the payment of a debt or the preformance of a duty, and to become void
upon payment or performance according to the stipulated terms; also,
the written instrument by which the conveyance is made.
(n.) State of being pledged; as, lands given in mortgage.
(v. t.) To grant or convey, as property, for the security of a
debt, or other engagement, upon a condition that if the debt or
engagement shall be discharged according to the contract, the
conveyance shall be void, otherwise to become absolute, subject,
however, to the right of redemption.
(v. t.) Hence: To pledge, either literally or figuratively; to
make subject to a claim or obligation.
