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Raremortgaged
The correct spelling is mortgaged.
How to pronounce mortgaged
verb
Say it like: Mor-tga-jed
The correct spelling is mortgaged. 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 p… For example: "We mortgaged our house in order to start a company."
Usage Examples
“We mortgaged our house in order to start a company.”
Definition
verb
- 1.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.
- 2.To pledge and make liable; to make subject to obligation; to achieve an immediate result by paying for it in the long term.
Similar words
Words related in meaning — check their spelling too.