HyperDic: first_mortgage

English > 1 sense of the expression first mortgage:
NOUNpossessionfirst mortgagea mortgage that has priority over all mortgages and liens except those imposed by law
English > first mortgage: 1 sense > noun 1, possession
MeaningA mortgage that has priority over all mortgages and liens except those imposed by law.
BroadermortgageA conditional conveyance of property as security for the repayment of a loan
Spanishprimera hipoteca

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