What does mortgage mean or Definition?

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List of meaning for mortgage

a loan given from a financial institution for a person’s property which causes the person to pay it back plus interest

mortgage(verb)

a conditional conveyance of property as security for the repayment of a loan

mortgage(verb)

put up as security or collateral

to obligate by prior agreement

I've mortgaged all my free time this week to the hospice and won't be able to come to the party

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