In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
A legal agreement by which a person borrows money from a bank usually to buy a house

Options

A. A) document
B. B) mortgage
C. C) lease
D. D) invoice

Answer

B

Explanation

mortgage (N.): a legal agreement by which a bank lends you money to buy a house document (N.) : an official paper/book that gives information lease (N.): a legal agreement that allows you to use a building, a piece of equipment or some land for a period of time, usually in return for rent invoice (N.): a bill