adjective
- capable of being mortgaged; suitable or eligible to be used as security for a mortgage loan
Usage: legal/financial term; typically applied to real property
Examples
- The property is mortgageable because it meets all the lender's requirements.
- Not all assets are mortgageable; the bank will only accept real estate as collateral.
- The house became mortgageable once the title was cleared of all liens.
- Commercial buildings are generally mortgageable at favorable rates.
- The land was mortgageable despite its remote location.