remortgage

[mawr-gij]

mort·gage

[mawr-gij] noun, verb, mort·gaged, mort·gag·ing.
noun
1.
a conveyance of an interest in property as security for the repayment of money borrowed.
2.
the deed by which such a transaction is effected.
3.
the rights conferred by it, or the state of the property conveyed.
verb (used with object)
4.
Law. to convey or place (real property) under a mortgage.
5.
to place under advance obligation; pledge: to mortgage one's life to the defense of democracy.

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Remortgage is always a great word to know.
So is lollapalooza. Does it mean:
a chattering or flighty, light-headed person.
an extraordinary or unusual thing, person, or event; an exceptional example or instance.

Origin:
1350–1400; earlier morgage, Middle English < Old French mortgage, equivalent to mort dead (< Latin mortuus) + gage pledge, gage1

o·ver·mort·gage, verb, o·ver·mort·gaged, o·ver·mort·gag·ing.
re·mort·gage, verb (used with object), re·mort·gaged, re·mort·gag·ing.
sub·mort·gage, noun
un·mort·gage, verb (used with object), un·mort·gaged, un·mort·gag·ing.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source Link To remortgage
Collins
World English Dictionary
remortgage (riːˈmɔːɡɪdʒ)
 
vb
to take out a new or different mortgage on a property

Collins English Dictionary - Complete & Unabridged 10th Edition
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