mortgage
/ˈmoɹ.ɡɪd͡ʒ/ verb C2- 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. · to mortgage a property, an estate, or a shop· We mortgaged our house in order to start a company.
- To pledge and make liable; to make subject to obligation; to achieve an immediate result by paying for it in the long term.
He/she/it mortgages · Past mortgaged · Past participle mortgaged · -ing form mortgaging
Verb forms
- Base form
- mortgage
- He/she/it
- mortgages
- Past
- mortgaged
- Past participle
- mortgaged
- -ing form
- mortgaging
From the library
Nothing was left save a few acres of ground, and the two-hundred-year-old house, which is itself crushed under a heavy mortgage.
We make in our case a deposit, on a mortgage, which is an advance, as you see, since we gain at least ten, fifteen, twenty, or a hundred livres’ worth of iron in exchange for our money.
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