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mortgaged

[ US /ˈmɔɹɡɪdʒd/ ]
[ UK /mˈɔːɡɪd‍ʒd/ ]
ADJECTIVE
  1. burdened with legal or financial obligations
    his house, his business, indeed, his whole life was heavily mortgaged

How To Use mortgaged In A Sentence

  • Many growers are heavily mortgaged and have reduced equity in their farms, which makes them less attractive to lenders.
  • Section 144 allows the transfer of leases and section 144 allows leases to be mortgaged and there are subsequent provisions which deal specifically with a mortgage over a leasehold or licence.
  • Suppose your firm's only asset is a large downtown hotel, mortgaged to the hilt. Principles of Corporate Finance
  • Youth! There is nothing like youth. The middle-aged are mortgaged to Life. The old are in Life's lumber-room. But youth is the Lord of Life. Youth has a kingdom waiting for it. Every one is born a king, and most people die in exile. Oscar Wilde 
  • The young are in debt mortgaged up to the hilt, and the middle-aged are in clover, sitting on a semi-detached gold mine.
  • None of the team's assets, including its Milton Keynes headquarters, is mortgaged to banks or creditors, and the 300 staff are skilled and committed.
  • Displays of wealth can also be misleading. Folks can appear wealthy -- but the mansion may be fully mortgaged, the cars might be leased and the landscaper may still be awaiting payment.
  • But Jill did not stop on refusing the eligible owner of an unmortgaged estate. Desert Love
  • It agreed to supply half the budget and the Wallises remortgaged their house to make up the difference.
  • I guess I'm confused and angry: confused because the penalty is half what I thought it was and angry because I would have remortgaged at least two years ago given the less punishing penalty. Angry and confused over change in mortgage redemption charges
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