'Mortgaged' definitions:

Definition of 'mortgaged'

From: WordNet
adjective
Burdened with legal or financial obligations; "his house, his business, indeed, his whole life was heavily mortgaged"

Definition of 'Mortgaged'

From: GCIDE
  • Mortgage \Mort"gage\, v. t. [imp. & p. p. Mortgaged; p. pr. & vb. n. Mortgaging.]
  • 1. (Law) To grant or convey, as property, for the security of a debt, or other engagement, upon a condition that if the debt or engagement shall be discharged according to the contract, the conveyance shall be void, otherwise to become absolute, subject, however, to the right of redemption. [1913 Webster]
  • 2. Hence: To pledge, either literally or figuratively; to make subject to a claim or obligation. [1913 Webster]
  • Mortgaging their lives to covetise. --Spenser. [1913 Webster]
  • I myself an mortgaged to thy will. --Shak. [1913 Webster]

Definition of 'mortgaged'

From: GCIDE
  • mortgaged \mortgaged\ adj. burdened with legal or financial obligations; as, His house was mortgaged to the hilt. [WordNet 1.5]