2mortgage verb
mortgages; mortgaged; mortgag·ing [+ obj] : to give someone a legal claim on (property that you own) in exchange for money that you will pay back over a period of years
▪ She mortgaged her house in order to buy the restaurant.
▪ She mortgaged her house in order to buy the restaurant.
mortgage the/your future
chiefly US, disapproving : to borrow a large amount of money that will have to be paid back in the future or to do something that may cause problems for you in the future
▪ The city has mortgaged its future to pay for the new stadium. ▪ Some critics say that she has mortgaged her political future on a program that is likely to fail.
▪ The city has mortgaged its future to pay for the new stadium. ▪ Some critics say that she has mortgaged her political future on a program that is likely to fail.
