second mortgage
noun
a mortgage the lien of which is next in priority to a first mortgage.
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Origin of second mortgage
First recorded in 1900–05
Words nearby second mortgage
second lieutenant, second man, second mate, second messenger, second molar, second mortgage, second name, second nature, second of arc, second papers, second person
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for second mortgage
second mortgage
noun
a mortgage incurred after a first mortgage and having second claim against the security
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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