follow Dictionary.com

11 Trending Words of 2014

first mortgage

noun
1.
a mortgage having priority over other mortgages on property.
Origin
1850-1855
1850-55
Related forms
first-mortgage, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
Examples from the web for first mortgage
  • The loan is due upon sale or transfer of the property or if the first mortgage is refinanced or paid in full.
British Dictionary definitions for first mortgage

first mortgage

noun
1.
a mortgage that has priority over other mortgages on the same property, except for taxation and other statutory liabilities
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Difficulty index for first mortgage

Few English speakers likely know this word

Word Value for first

8
8
Scrabble Words With Friends