(~s, mortgaging, ~d)
Frequency: The word is one of the 1500 most common words in English.
1.
A ~ is a loan of money which you get from a bank or building society in order to buy a house.
...an increase in ~ rates.
N-COUNT: oft N n
2.
If you ~ your house or land, you use it as a guarantee to a company in order to borrow money from them.
They had to ~ their home to pay the bills.
VERB: V n