Topic: LOANS
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mortgage2 [transitive]
1BFL if you mortgage your home, land, or property, you borrow money, usually from a bank, and if you cannot pay back the money within a particular period of time, the bank has the right to sell your property in order to get the money you owe it : 
We mortgaged our house to start Paul's business.
We mortgaged our house to start Paul's business.2 to borrow money or do something that is likely to cause problems in the future, that other people will have to deal with : The report explains how governments are mortgaging their nations' futures.
mortgage the/somebody's future
The report explains how governments are mortgaging their nations' futures.
