Sentence examples for mortgaged from inspiring English sources
The word 'mortgaged' is correct and usable in written English
It is the past tense and past participle form of the verb 'mortgage', which means to borrow money from a bank or other financial institution in order to buy a property, with the understanding that the lender will hold a legal claim to the property until the loan is repaid. Example: He mortgaged his house to secure a loan for his new business venture.
It was confirmed last week that Whyte mortgaged Rangers' future season-ticket income to the tune of £24m, although he denies part of that funding was used to settle a £18m debt to the Lloyds Banking Group.
In his campaign Mr Karzai mortgaged his future government several times over for the support of a rogue's gallery of former warlords.
And the second question is: how much of the future will be mortgaged by the effort to hit the 8% target, whether or not it is successful?
Ford, which had mortgaged itself to the hilt three years earlier, only narrowly escaped the same fate.The double-whammy of petrol at $4 a gallon in the summer of 2008 rapidly followed by the freezing of the credit markets after the Lehman Brothers bust had finally brought America's native car industry to its knees.
As so often with Mr Bush's budgeting, America's long-term fiscal health is being mortgaged for short-term political gain.
EVER since he ascended the greasy pole, the political career of Malaysia's opposition leader, Anwar Ibrahim, has been mortgaged to his private life.
The director told the BBC he re-mortgaged his home to help fund the production of the film, which stars Oscar Ramirez.
Not only did the trio tour the country in Lamb's dad's car but Norman Lamb also re-mortgaged his house to help his son put out Stryder's first records.
With half a million mortgaged properties in negative equity, many mortgage-holders would be better-off handing their homes over.
Mortgaged land was marked by horoi, or mortgage stones, which served as symbols of land enserfment.
They might have to repay all the payments made on a mortgage that has been granted improperly, and be precluded from foreclosing on the mortgaged property.
