• synonyms

first mortgage

  1. a mortgage having priority over other mortgages on property.
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Origin of first mortgage

First recorded in 1850–55
Related formsfirst-mort·gage, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for first mortgage

Historical Examples of first mortgage

  • The bid at the sale covered the first-mortgage lien and the entire mortgage claim of the Government, principal and interest.

    State of the Union Addresses of William McKinley

    William McKinley

British Dictionary definitions for first mortgage

first mortgage

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