submortgage

名词 n.

英文释义

名词 n.
  1. A secured loan whereby a mortgagee uses his interest in a mortgage as collateral on a loan with a third party, in effect transferring or assigning the mortgage thereto. countable,uncountable
    — The amount secured by the submortgage can never exceed the amount secured by the original mortgage.

词形变化

submortgages plural

词源

From sub- + mortgage.
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