单词 | first mortgage |
释义 | first mortgage From Longman Business Dictionaryfirst mortgageˌfirst ˈmortgageFINANCE lenders that have the first mortgage on property are the first ones to be repaid if the borrower DEFAULTs (=fails to make repayments on the loan)They hold first mortgages on all his properties. → mortgage |
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