Word coined by political Teabaggers to mean (in ungrammatical fashion) "death" (like "carnage"), destruction, or ruin.
Origin: "Please don't mortage my childs (sic) future."
Example: "Man, that French slasher flick had a lot of mortage in it!"
Example: "Man, that French slasher flick had a lot of mortage in it!"
by liberalisnotabadword April 01, 2010