Pagkakasangla (en. Mortgage)

/paɡkaˈkasɐŋlɐ/

Meaning & Definition

EnglishTagalog
noun
An agreement or process where property is used as collateral to obtain a loan.
The mortgage of their house allowed them to get funds for the business.
Ang pagkakasangla ng kanilang bahay ay nagbigay-daan sa kanila na makakuha ng pondo para sa negosyo.
A legal document describing the conditions of encumbering a loan through property.
They need to read the mortgage before signing the contract.
Kailangan nilang basahin ang pagkakasangla bago pirmahan ang kontrata.
The state or condition where a property is encumbered with debt or under mortgage.
Many people do not know the risks of mortgaging their home.
Maraming tao ang hindi nakakaalam ng mga panganib ng pagkakasangla ng kanilang tahanan.

Etymology

from the word 'sangla' meaning 'mortgage' or 'pawn', and the prefix 'pagka-' which describes the state or process.

Common Phrases and Expressions

mortgages
many mortgaged properties
mga pagkakasangla

Related Words

pawn
The active act of placing property as collateral.
sangla
debt
An amount of money that needs to be paid in the future.
utang

Slang Meanings

Lending something with a return payment or condition.
If you need money, I can pawn this laptop.
Kung kailangan mo ng pera, pwedeng pagkakasangla itong laptop ko.
Combination of pawning and debt.
Often, problems arise when the pawn is not returned.
Kadalasan, nagkakaroon ng problema kapag hindi naibalik ang pagkakasangla.
Evaluating the value of an item for pawning.
Before pawning, I need to know its value.
Bago ko pagkakasangla, kailangan munang malaman ang halaga nito.