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mortgaging
Variant of mortgage
noun
- the pledging of property to a creditor as security for the payment of a debt
- such a debt
- the deed by which this pledge is made
- the claim of the mortgagee on the property
transitive verb mortgaged, mortgaging
- Law to pledge (property) by a mortgage
- to put an advance claim or liability on: to mortgage one's future
Webster's New World College Dictionary Copyright © 2010 by Wiley Publishing, Inc., Cleveland, Ohio. Used by arrangement with John Wiley & Sons, Inc.
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