English

Definition of mortgage verb from the Oxford Advanced Learner's Dictionary

 

mortgage

 verb
verb
BrE BrE//ˈmɔːɡɪdʒ//
 
; NAmE NAmE//ˈmɔːrɡɪdʒ//
 
Verb Forms present simple I / you / we / they mortgage
BrE BrE//ˈmɔːɡɪdʒ//
 
; NAmE NAmE//ˈmɔːrɡɪdʒ//
 
he / she / it mortgages
BrE BrE//ˈmɔːɡɪdʒɪz//
 
; NAmE NAmE//ˈmɔːrɡɪdʒɪz//
 
past simple mortgaged
BrE BrE//ˈmɔːɡɪdʒd//
 
; NAmE NAmE//ˈmɔːrɡɪdʒd//
 
past participle mortgaged
BrE BrE//ˈmɔːɡɪdʒd//
 
; NAmE NAmE//ˈmɔːrɡɪdʒd//
 
-ing form mortgaging
BrE BrE//ˈmɔːɡɪdʒɪŋ//
 
; NAmE NAmE//ˈmɔːrɡɪdʒɪŋ//
 
Buying a home
 
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mortgage something to give a bank, etc. the legal right to own your house, land, etc. if you do not pay the money back that you have borrowed from the bank to buy the house or land He had to mortgage his house to pay his legal costs. More Like This Silent letters gnarled, gnash, gnat, gnaw, gnome haute cuisine, heir, (NAmE herb), honour, hors d’oeuvre, hour knack, knee, kneel, knife, knight, knit, knob, knock, knot, know, knuckle psalm, psephology, psychic, ptarmigan, pterodactyl, psychology wrangle, wrap, wreath, wreck, wrench, wrestle, wriggle, wring, write, wrong bomb, climb, crumb, doubt, lamb, limb ascent, fascinate, muscle, scene, scissors height, right, sleigh, weight align, campaign, design, foreign, malign, reign, unfeigned balmy, calm, calf, half, yolk autumn, column, condemn, damn, hymn, solemn bristle, fasten, listen, mortgage, soften, thistle, wrestle biscuit, build, circuit, disguise, guilty, league, rogue, vague yacht answer, sword, twoSee worksheet. See related entries: Buying a home Word Origin late Middle English: from Old French, literally ‘dead pledge’, from mort (from Latin mortuus ‘dead’) + gage ‘pledge’.
See the Oxford Advanced American Dictionary entry: mortgage