(ていとう)

ていとう
noun
mortgage; collateral; security
1. mortgage, security, collateral
Property or assets pledged as security for a loan, especially real estate used to secure a home loan.
I borrowed money using my house as collateral.
抵当(ていとう)(けん)設定(せってい)する
To set up a mortgage lien.
抵当(ていとう)(けん) = mortgage right/lien
{ローン}完済(かんさい)抵当(ていとう)(けん)抹消(まっしょう)された
The mortgage was released when the loan was paid off.
This land is mortgaged.

LEGAL/FINANCIAL TERM:
抵当(ていとう) is a formal legal term for collateral, most commonly used in real estate mortgages.

KEY COMPOUNDS:

  • 抵当(ていとう)(けん): Mortgage right, lien
  • 抵当(ていとう)(ぶつ): Collateral, mortgaged property
  • 抵当(ていとう)(なが): Foreclosure

COMMON EXPRESSIONS:

TYPES IN JAPANESE LAW:

  • 抵当(ていとう): General mortgage (doesn't require possession transfer)
  • (しち): Pledge (requires possession transfer)

RELATED TERMS:

NOTE: When buying property in Japan, understanding 抵当(ていとう)(けん) is essential as it appears on property registration (登記簿(とうきぼ)).