Mortgaging Meaning in English
word · lemma: mortgage
Definition
Using something valuable, usually a house or property, as security to get a loan from a bank or lender. If the loan is not paid back, the lender can take the property.
Usage & Nuances
Commonly used in legal, financial, and real estate contexts. The object mortgaged is usually real estate, not movable items. 'Mortgaging' always involves a formal agreement. Not to be confused with 'renting' or 'leasing'.
Example Sentences
They are mortgaging their house to pay for university.
basic
Mortgaging land is a big decision.
basic
He is thinking about mortgaging his apartment to start a business.
basic
After mortgaging their home, they finally opened a bakery downtown.
natural
He's nervous about mortgaging everything just for one investment.
natural
Many people regret mortgaging their property when they can't keep up with payments.
natural