A large sum of money that is loaned in order for someone to purchase a home. Though not required if you have lots of cash, it is quite common for a home owner to need to borrow to finance their home. Comes in a variety of flavors to suit the borrower: 20 yr, 30 yr, fixed, or ARM (adjustable rate morgage), etc. A morgage is also another form of modern slavery and gives a homeowner the illusion that he in fact owns the house he lives in, when in reality, the bank owns it and is just lending it to him until he moves and gets another morgage for another house in which the man may never live to fully own.
Renter: Hey what u doing?
Home Owner: Paying my morgage.
Renter: Sucker! I only pay half of that.
Home Owner: Yeah but I am slowly building up equity. What are you doing with your rent?
Renter: Paying some other guys morgage.
Home Owner: Paying my morgage.
Renter: Sucker! I only pay half of that.
Home Owner: Yeah but I am slowly building up equity. What are you doing with your rent?
Renter: Paying some other guys morgage.
by DaHouse113 November 5, 2009
Get the morgage mug.Someone who isn't afraid to be herself. She's extremely smart and will stick to her opinion. She is crazy, weird and funny. You will have a blast being her friend. She wont ever let you down and can be trusted with anything. She has unique beauty that cannot be compared easily. She is the best friend anyone could possibly have.
by jackshotdoginmabun January 19, 2013
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Named after Derek Morgan From Criminal Minds. It describes how one can be rugby tackled to the ground from a sprint.
by Chocolate Frog February 27, 2009
Get the Morganed mug.Morgane is an interesting girl. She often takes on adult responsibilities and can occasionally be quite commandeering when she wants to be. Overall, though, she is a very nice person to hang out with, and will always know a way to make you smile when you're sad. She can be quite inappropriate at times, which does slightly 'decrease her wealth' so to speak, but if you can deal with it ok then she's a great best friend. Most Morganes will be your friend for life, and as a girlfriend she is already going to be your future wife. Amazing to hang out with, and often nicknamed "Mog" by people close to her.
by Don't you think I'm right May 9, 2021
Get the Morgane mug.1. I can't believe it, I completely J.P. Morganed that auction on eBay.
2. Yo, that guy J.P. Morganed that girl just as I was talking to her.
2. Yo, that guy J.P. Morganed that girl just as I was talking to her.
by Stephanie Cooper March 21, 2008
Get the J.P. Morganed mug.A legally binding contract that allows a financial institution to rape you every month for the next 20-30 years. In return, you get the privilege of maintaining a dwelling out of your own pocket without actually owning it.
1. So what'll it be this month Honey, pay the mortgage or get the driveway fixed?
2. I used to have disposable income. Now I have a mortgage instead.
2. I used to have disposable income. Now I have a mortgage instead.
by HighwayRobber November 17, 2015
Get the Mortgage mug.by anti-mong September 21, 2011
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