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| re·mort·gage [ ree máwrgij ] |
transitive verb (past and past participle re·mort·gaged, present participle re·mort·gag·ing, 3rd person present singular re·mort·gag·es) |
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| Definition: |
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1. change mortgage terms: to revise the terms of a mortgage on a property
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2. mortgage something again: to mortgage something again after the original mortgage has been paid off
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noun (plural re·mort·gag·es) |
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| Definition: |
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new mortgage: a revised or second mortgage taken out on something
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