FIRST MORTGAGE

Pronunciation (US): (GB):

IPA (US):

Dictionary entry overview: What does first mortgage mean?

• FIRST MORTGAGE (noun)
The noun FIRST MORTGAGE has 1 sense:

1. a mortgage that has priority over all mortgages and liens except those imposed by law

Familiarity information: FIRST MORTGAGE used as a noun is very rare.

Dictionary entry details

• FIRST MORTGAGE (noun)

Sense 1

Meaning:

A mortgage that has priority over all mortgages and liens except those imposed by law

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("first mortgage" is a kind of...):

mortgage (a conditional conveyance of property as security for the repayment of a loan)

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