first mortgage

A mortgage that is senior to all other mortgages on the same property. [Cases: Mortgages 151. C.J.S. Mortgages §§ 210–212, 226.]
专业法律词汇 词条贡献者
资深译员Christina,毕业于英国一流的高级翻译学院,擅长翻译涉及教育培训领域的法律文件。