From Longman Dictionary of Contemporary Englishmortgage the/somebody’s futuremortgage the/somebody’s futureto borrow money or do something that is likely to cause problems in the future, that other people will have to deal with The report explains how governments are mortgaging their nations’ futures. → mortgage
Examples from the Corpus
mortgage the/somebody’s future• But, in practice, if allowed to get out of hand, it firmly mortgaged the future.• Finally, notice that the question of mortgaging the future hinges crucially on what is done with the privatization revenue.• There's a pool of talent in this area most employers can draw from without mortgaging their financial future, Miller said.• We will also ensure that home-buyers receive proper advice about the potential cost of their mortgages in future years. 