1. Having pledged a property as security for a loan, with the understanding that the loan must be repaid or the property will be forfeited
They mortgaged their house to start a business.
Eles hipotecaram sua casa para começar um negócio.
2. To have committed or obligated something as security
He mortgaged his future by taking on excessive debt.
Ele hipotecou seu futuro ao contrair dívidas excessivas.