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    #1

    To have a mortgage on something

    Hi, this is my first post.

    I'm wondering if the idiomatic phrase "to have a mortgage on something" exists, or am I confusing it with another phrase, or perhaps imagining it?
    I can't find it on google?

    To have a mortgage on something --- with the meaning to have secured something to the exclusion of others (like a lion share, maybe?).

    Thank you in advance ....

    Last edited by chris34; 27-Sep-2016 at 07:14.

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    #2

    Re: To have a mortgage on something

    I haven't come across this meaning. The closest thing I can think of is a first/senior mortgage, which takes priority over other claims, but refers to actual mortgages. It does have idiomatic uses, like mortgaging your future, but I have not seen it used with a meaning close to lion's share.

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    #3

    Re: To have a mortgage on something

    Quote Originally Posted by Tdol View Post
    I haven't come across this meaning. The closest thing I can think of is a first/senior mortgage, which takes priority over other claims, but refers to actual mortgages. It does have idiomatic uses, like mortgaging your future, but I have not seen it used with a meaning close to lion's share.
    OK, thank you, Tdol, for your prompt reply.
    I must be imagining it, then?

    This definition is interesting ... re: :holding a mortgage".
    The person or company that "holds the mortgage" ultimately has all the power when it comes to your property.

    So maybe I should have imagined the phrase "to hold the mortgage on something"? .. which would have suggested having the control or power over something.
    My mind must be playing tricks on me!

    Thanks again for your help.

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    #4

    Re: To have a mortgage on something

    I know what you mean, chris34. I find the language of finance very difficult to comprehend! Have you checked Investopedia's financial dictionary? I used it once in a while and I find it useful.

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