Mortgage is a
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security on movable property for a loan given by a bank
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security on immovable property for a loan given by a bank
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concession on immovable property for a loan given by a bank
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facility on immovable property for a loan given by a bank
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security on immovable property for a deposit received by a bank
Reveal answer
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B
Correct answer
Explanation
A mortgage is a security interest on immovable property (like land or house) created for a loan given by a bank. The property serves as collateral for the loan. Movable property security is called hypothecation, not mortgage. A concession is not relevant, and mortgage is specifically for loans, not deposits.