Mortgage (Verb)
Meaning
Put up as security or collateral.
Classification
Verbs of buying, selling, owning.
Examples
- The business had to mortgage several properties in order to secure the loan from the bank.
- She mortgaged her grandmother's antique jewelry to pay off the urgent medical bills.
- He mortgaged his share of the family estate to raise capital for his new startup.
- The struggling entrepreneur mortgaged her life savings account to secure financing for her business.
- The desperate homeowner mortgaged his vacation home to prevent foreclosure on his primary residence.