Longman Dictionary of Contemporary English homepage

mortgage

2 verb
     
NEW! See related topics: LOANS
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.
2

mortgage the/somebody's future

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.
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.
 
Dictionary pictures of the day
Do you know what each of these is called?
What is the word for picture 1? What is the word for picture 2? What is the word for picture 3? What is the word for picture 4?
Click on any of the pictures above to find out what it is called.

Explore our topic dictionary

ADVERTISING AND MARKETINGANIMALSBANKING
BIOLOGYBUSINESS BASICSCOMPUTERS
CLOTHESDAILY LIFEEDUCATION
FINANCEFOODGRAMMAR
HAIR AND BEAUTYHUMANLAW
MUSICNATURESPORT
STOCKS AND SHARESTECHNOLOGYTRADE