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mortgaged

mortgaged

6.4
Property a person promises to give a bank if they do not repay a loan
  • adjective
  • /ˈmɔrɡɪdʒd/
translation icon : hipotecado
  • Nearly every building on that street is mortgaged to the bank.

Examples

  • The mortgaged house was difficult to sell.

  • She refused to buy a heavily mortgaged property.

  • His family's business was so mortgaged that they struggled to make interest payments.

  • She bought a mortgaged property last year.

  • The family home is mortgaged, making it hard for them to afford other expenses.

  • Many of the mortgaged houses in the neighborhood were built during the housing boom.

  • Buying a mortgaged asset can be risky if you don't have a stable income.

Antonyms

8 6.8

Free from worries, duties, debts and other things that hold you back

How Encumbered

mortgaged
6.4
unmortgaged
  • Specialized
8.1
clear
  • Specialized
16 4.0

Surface Forms

mortgaged positive

Morphology

mortgaged = mortgage (transparent) = mortgage + ed

Formed as the past participle/adjectival -ed of 'mortgage', so meaning is directly derived: property subject to a mortgage.

Etymology

The word mortgaged comes from old French words mort ('dead') and gage ('pledge'). The idea is a 'dead pledge' — the property is promised to a lender until the debt is paid, so a mortgaged property is one given to the bank as a promise until you finish paying the loan.