open end mortgage

A mortgage that allows the mortgagor to borrow additional funds against the same property. Cf. closed-end mortgage.

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词条贡献者

译员黎川，在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译，专注翻译各种与澳大利亚业务有关的法律文件。