mortgaged

Verb

mortgage (third-person singular simple present mortgages, present participle mortgaging, simple past and past participle mortgaged)

1. (transitive) To borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pledge a property in order to get a loan.
   • to mortgage a property, an estate, or a shop
2. (figuratively, transitive) To pledge and make liable; to make subject to obligation; to achieve an immediate result by paying for it in the long term.
   • She mortgaged her future for the pleasures of the relationship with the sculptor, a relationship she knew would be short.1982, Verne Moberg, The Truth and Work of Victoria Benedictsson, page 72

See all 4 meanings of mortgage