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

译员海燕，毕业于法国顶尖的高级翻译学院，专注翻译各种与破产对抗诉讼有关的法律文件。