First-mortgage



noun
1.
a mortgage having priority over other mortgages on property.
noun
1.
a mortgage that has priority over other mortgages on the same property, except for taxation and other statutory liabilities

Tagged:

Read Also:

  • Firstname

    [adjective furst-neym; verb furst-neym] /adjective ˈfɜrstˌneɪm; verb ˈfɜrstˈneɪm/ adjective 1. of or relating to one’s first, or given, name; familiar; intimate: They were on a first-name basis soon after meeting. verb (used with object), first-named, first-naming. 2. to address (someone) by his or her first name, especially as a sign of informality or familiarity: The […]

  • First-name

    [adjective furst-neym; verb furst-neym] /adjective ˈfɜrstˌneɪm; verb ˈfɜrstˈneɪm/ adjective 1. of or relating to one’s first, or given, name; familiar; intimate: They were on a first-name basis soon after meeting. verb (used with object), first-named, first-naming. 2. to address (someone) by his or her first name, especially as a sign of informality or familiarity: The […]



  • First-night

    noun 1. . noun 1.

  • Firstnighter

    [furst-nahy-ter] /ˈfɜrstˈnaɪ tər/ noun 1. a person who often or usually attends the theater, opera, etc., on opening night.



Disclaimer: First-mortgage definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.