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Showing results for second mortgage. Search instead for unsecured mortgage.
Synonyms

second mortgage

American  

noun

  1. a mortgage the lien of which is next in priority to a first mortgage.


second mortgage British  

noun

  1. 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 Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of second mortgage

First recorded in 1900–05

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