A Dictionary of the Older Scottish Tongue (up to 1700)
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About this entry:
First published 1971 (DOST Vol. IV).
This entry has not been updated since then but may contain minor corrections and revisions.
Quotation dates: 1575-1639
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Mortgage, Morga(d)ge, n. Also variant (? erroneous): mortage. [e.m.E. and late ME. morgage (14–15th c.), mortgage (1542–3), OF. mortgage (13th c.) ‘dead pledge’, med. L. mor(t)gagium and mortuum vadium.] — c1575 Balfour Pract. 196.
Mortage or deid wad is that quhair of the fruitis and rentis takin up in the mean time be the creditour, quytis not nor payis not the sowme in all nor in part, for the quhilk the wad wes gevin be the debtour1597 Skene Verb. S. s.v.
Mort-gage, mortuum vadium, dicitur pignus, cuius fructus vel reditus percepti in nullo se acquietant, … signifies ane dead wed 1635 Laing MSS. I. 195.
This we have done by way of morgadge redeimable to your majestie 1639 Gordon Geneal. Hist. 277.
One of them did obtein the third part of Garlogh in morgage or wadset from the Clan-wic-Gilcholm
