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1.
Verb: What one does to get out of a financial mess in which the credit cards have run too high and the spending is outpacing the earning/gaining/stealing etc.
Noun: The particular mortgage loan that thus enables you to throw away what little capital you have left in your property.
I took out this remortgage thing the other day - paid off all my debts etc. and goin to the antarctic for a month's sabatical next week.It's really great - I don't have to think about who I'm going to leave my house to in my will now. . .
by Steve Slimm October 02, 2007
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