mortgaging

Securing a loan

Mortgaging is pledging property as security for a loan.

When you mortgage a house, you give the lender a claim on it until the debt is repaid.

The figurative sense suggests trading away something valuable for short-term gain: He's mortgaging his future by dropping out of school.

They're mortgaging the children's inheritance to fund their lifestyle.

finance

collateral

Security for debt

equity · escrow · refinance · underwriting · deed · appraisal · default · downpayment · interest · principal

idiom

pledging

Making a solemn promise

risking · compromising · future · sacrificing · betting · wagering · hocking

risk

underwater

Below the surface

repossession · overleveraged · negative equity · arrears · insolvency · distressed · balloon payment · subprime · predatory · overextended

Categories
Opposites
property transfer method

mortgaginggifting

Giving something freely

inheriting · leasing · renting

financial strategy

mortgagingpaying off

Producing desired results

redeeming · deleveraging · discharging · debt reduction · settling

asset encumbrance

mortgagingfreeing

Releasing from confinement

unencumbering · liberating

Family

remortgaging

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G