Sekirov Dictionary

mortgage

UK /ˈmɔːɡɪd͡ʒ/US /ˈmoɹ.ɡɪd͡ʒ/

noun 2
verb 2
forms 3
phrases 1

noun2

a loan from a bank usually taken to buy a house, with the house given as security so that the bank may take it if payment stops
•
(no longer used) The state of being pledged.
- lands given in mortgage

verb2

•
To borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pledge a property in order to get a loan.
- We mortgaged our house in order to start a company.
•
(figurative) To pledge and make liable; to make subject to obligation; to achieve an immediate result by paying for it in the long term.
- She mortgaged her future for the pleasures of the relationship with the sculptor, a relationship she knew would be short. — 1982

forms

mortgaged · mortgaging · mortgages

Phrases with mortgage

anaconda mortgage
A loan arrangement in which all of the money borrowed from a lender, for whatever purpose, is secured by one's home, land, and other property.

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