remortgage

[US]/ri'mɔrgɪdʒ/
Frequency: Very High

Translation

v. obtain a new mortgage on a property already owned
n. a new mortgage on a property already owned
Word Forms
Present Participleremortgaging
Pluralremortgages
Third Person Singularremortgages
Past Participleremortgaged
Past Tenseremortgaged

Example Sentences

Article 10. Without the mortgagee's approval, a mortgagor shall not lease, sell, transfer possession of or remortgage mortgage property or dispose of it in any other way.

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