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say it: MAWR-gijd
mortgaged is an adjective meaning "burdened with legal or financial obligations". It carries one recorded sense.
burdened with legal or financial obligations
“his house, his business, indeed, his whole life was heavily mortgaged”
Forms marked · are formed by the regular rule rather than recorded in the source data. English keeps a few hundred irregulars and the rest follow the pattern, so the rule is right far more often than not — but it is a rule, and the mark says so.
Definitions, synonyms and semantic relations for mortgaged come from Princeton University’s WordNet. The pronunciation comes from the CMU Pronouncing Dictionary. Commonness is measured against a corpus of everyday English. Full sources and licences.