mortgaged

Thân thiện

His house was mortgaged to the bank.

Definition

1. Adjective:
   • Burdened with a mortgage: Describing property that has been used as security for a loan, meaning the lender has a legal claim on it until the debt is repaid.
   • Pledged or obligated: More broadly, describing something (like assets, future income, or even abstract concepts like one's future) that is committed as security or is under a heavy burden of obligation.

Usage

• The adjective "mortgaged" is used to describe an asset, most commonly real estate, that is legally bound as collateral for a loan.
• It can be used attributively (before a noun) or predicatively (after a linking verb like "was" or "is").
• It often implies a financial burden or a claim against the full ownership of the item.

Examples

• Attributive use:
  • They live in a mortgaged property. (The property they live in has a mortgage on it.)
  • The bank seized the mortgaged farm. (The farm that was used as loan collateral was seized.)
• Predicative use:
  • The house is mortgaged to the bank. (The bank holds the mortgage on the house.)
  • His future was mortgaged to pay for his education. (His future earnings/opportunities are heavily obligated to repay education debts.)

Advanced Usage

• Figurative Use: "Mortgaged" can be used metaphorically to describe non-physical things that are heavily committed or pledged.
  • Her time was completely mortgaged to her new startup, leaving no room for a social life. (All her time was obligated to her business.)
  • The politician had mortgaged his principles for campaign donations. (He had compromised his principles as if they were collateral.)

Variants and Related Words

• Mortgage (noun): The loan agreement itself, or the sum of money borrowed against property.
  • They took out a 30-year mortgage.
• Mortgage (verb): The act of pledging property as security for a loan.
  • They had to mortgage their home to finance the business.
• Mortgagor (noun): The person who borrows the money by mortgaging their property.
• Mortgagee (noun): The lender (e.g., a bank) who holds the mortgage.

Synonyms

• Pledged: Committed as security.
• Encumbered: Burdened with a legal claim or debt.
• Hocked (informal): Pawned or pledged.

Antonyms

• Unencumbered: Free from any burden or legal claim.
• Owned outright: Fully owned with no debt or lien against it.
• Unmortgaged: Not subject to a mortgage.

Related Phrases/Idioms

• To have a mortgage on something: To hold a legal claim on it as security.
  • The bank has a mortgage on their building.
• To pay off the mortgage: To repay the loan in full, freeing the property from the lien.
  • They celebrated after they finally paid off the mortgage.

Học thuật

Adjective

1. burdened with legal or financial obligations
   • his house, his business, indeed, his whole life was heavily mortgaged