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词汇 second mortgage
释义

Definition of second mortgage in English:

second mortgage

noun
  • A mortgage taken out on a property that is already mortgaged.

    第二抵押

    Example sentencesExamples
    • To raise that amount of money, people generally take out second mortgages on their homes or go to friends and relatives.
    • What struck me was the number of people whose home was under threat from a second mortgage or secured loan.
    • A home equity loan is a second mortgage: You borrow a specific amount, usually at a fixed rate.
    • Within minutes, the salesman had persuaded them to take out a second mortgage and pay off their credit cards.
    • To pay for it all, Robinson took out a second mortgage on his house and sold some other property he owned.
    • Junior loans, such as second mortgages, are wiped out upon foreclosure of any previously established loan.

Definition of second mortgage in US English:

second mortgage

nounˌsekənd ˈmôrɡij
  • A mortgage taken out on a property that is already mortgaged.

    第二抵押

    Example sentencesExamples
    • Junior loans, such as second mortgages, are wiped out upon foreclosure of any previously established loan.
    • To pay for it all, Robinson took out a second mortgage on his house and sold some other property he owned.
    • What struck me was the number of people whose home was under threat from a second mortgage or secured loan.
    • To raise that amount of money, people generally take out second mortgages on their homes or go to friends and relatives.
    • Within minutes, the salesman had persuaded them to take out a second mortgage and pay off their credit cards.
    • A home equity loan is a second mortgage: You borrow a specific amount, usually at a fixed rate.
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