English Dictionary |
SECOND MORTGAGE
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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 mortgage
Familiarity information: SECOND MORTGAGE used as a noun is very rare.
Dictionary entry details
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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"A fish cannot live without water." (Albanian proverb)
"Examine what is said, not him who speaks." (Arabic proverb)
"He who wins the first hand, leaves with only his pants in hand." (Corsican proverb)