senior mortgage

A mortgage that has priority over another mortgage (a junior mortgage) on the same property. [Cases: Mortgages 151. C.J.S. Mortgages §§ 210–212, 226.]

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词条贡献者

资深译员Gilbert，毕业于美国一流的法学院，专注翻译各种与专利申请和专利组合咨询有关的法律文件。