mortgaged
/ˈmɔrɡɪdʒd/
adjective
- Describes property that is being used as security for a loan, or a person who has taken out a mortgage.
- As a mortgaged homeowner, she was careful with her budget.
- The bank can take back a mortgaged property if the owner stops paying.
- They live in a mortgaged house and make payments every month.
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