Mortgaged Meaning in English
word · lemma: mortgage
Definition
If something is mortgaged, it has been used as a guarantee for a loan, usually a house or property, meaning the lender can take it if the loan is not repaid.
Usage & Nuances
'Mortgaged' is the past participle or adjective form, most often describing houses or properties. Common phrase: 'mortgaged to the hilt' means the property is fully pledged with debt. Formal/financial context; rarely used for things other than real estate.
Example Sentences
The house is mortgaged to the bank.
basic
They have a mortgaged property in the city.
basic
My parents never mortgaged their home.
basic
Half of their income goes to pay for their mortgaged apartment.
natural
He regrets having mortgaged the family farm.
natural
Their house is so heavily mortgaged, they worry about losing it.
natural