• This is a “Word of the Day" thread, to reply to this thread please come up with a sentence with the given word. More details.

Word of the Day: Impignorate

A

Aunt Marg

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Impignorate: pledge, pawn, mortgage

The magnate had no intentions to impignorate his fortune in the name of science.
 
He impignorated everything to meet the margin calls, but the oil price kept going up and all his short positions were forced to cover. Now he is completely broke despite a perfect 20-year investing career.
 
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