Definition of "mortgaged" []

• Simple past tense and past participle of mortgage. (verb)

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• "To her, novel ideas meant the overthrow of succession of crops, ruin under the name of improvements and methods; in short, mortgaged lands as the inevitable result of experiments."
• "His estate, which has been long mortgaged, is taken from him; and poverty and disgrace await him!"
• "Because today 70 percent of our new debt is being purchased by foreign lenders, 50 percent of our public debt is held by foreign lenders, and that means America's being mortgaged, which is not good for our economy."