English Dictionary

SECOND MORTGAGE

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IPA (US): 

 Dictionary entry overview: What does second mortgage mean? 

SECOND MORTGAGE (noun)
  The noun SECOND MORTGAGE has 1 sense:

1. a mortgage that is subordinate to a first mortgageplay

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


 Dictionary entry details 


SECOND MORTGAGE (noun)


Sense 1

Meaning:

A mortgage that is subordinate to a first mortgage

Classified under:

Nouns denoting possession and transfer of possession

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

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


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