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English definition of “mortgage”

mortgage

verb [T]     /ˈmɔː.ɡɪdʒ/ US  /ˈmɔːr-/
to borrow money to buy a house or apartment: The house was mortgaged up to the hilt (= the full value of the house had been borrowed).Mortgages and real estateRenting, hiring and hire purchase in general Renting property
(Definition of mortgage verb from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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