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.]
专业法律词汇 词条贡献者
法律翻译Carl,知名法学院法律英语专业,专注翻译各类与复杂商业纠纷有关的法律文件。
Scroll to Top