mortgaging
USMOR-gij-ing/ˈmɔɹ.ɡɪd͡ʒ.ɪŋ/UKMAW-gij-ing/ˈmɔː.ɡɪd͡ʒ.ɪŋ/
- 1Present participle and gerund of mortgage. Use this form for the ongoing action of putting up property to borrow money.
They are mortgaging their home to help pay for their daughter's wedding.
Mortgaging the farm felt like a big risk to the whole family.
Note
- 2The act of using property as a promise to pay back borrowed money.
Like promising your bike to a friend until you pay back the money you borrowed.
The mortgaging of their home helped them open a small shop.
Careful mortgaging let the family keep some savings for emergencies.
Note
Showing meanings only.
mortgaging is a form of mortgage
mortgage, verb: To borrow money by promising a house or land to the lender, who can take it if you do not pay. Full entry
- Spelling
- mortgage → mortgaging: drop the e, add -ing
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Origin
It comes from the word "mortgage" plus "-ing."