Definition of First Mortgage in English :
Define First Mortgage in English
First Mortgage meaning in English
Meaning of First Mortgage in English
Pronunciation of First Mortgage in English
First Mortgage pronunciation in English
Pronounce First Mortgage in English
First Mortgage
see synonyms of first mortgageNoun
1. first mortgage
a mortgage that has priority over all mortgages and liens except those imposed by law
WordNet Lexical Database for English. Princeton University. 2010.
First Mortgage
see synonyms of first mortgagenoun
a mortgage that has priority over other mortgages on the same property, except for taxation and other statutory liabilities
Collins English Dictionary. Copyright © HarperCollins Publishers
First Mortgage
see synonyms of first mortgage a mortgage having priority over all other liens or encumbrances on the same property, except those, as real estate taxes, given priority by statute
Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.