Legal Dictionary
Mortgage
Definition
A security right encumbered on land rights with or without other objects that constitute a single unit with the land, for the repayment of a specific debt, which gives a preferred position to certain creditors against
Categories
Principles
Example Sentence
- Example: In the discussion of principles, the term "Mortgage" is often used.
Synonyms
No synonyms recorded.
Reference Source
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General reference: legal principles
Term Relations
No relations recorded yet.