further advance
further advance 追加贷款;再贷款 抵押贷款人以原贷款项下的抵押物或追加提供的担保物为担保,向抵押借款人二次或多次追加提供的贷款。此外,根据当事人的协议将拖欠的利息转化为本金,在衡平法上也构成一项追加贷款。
further advance 追加贷款;再贷款 抵押贷款人以原贷款项下的抵押物或追加提供的担保物为担保,向抵押借款人二次或多次追加提供的贷款。此外,根据当事人的协议将拖欠的利息转化为本金,在衡平法上也构成一项追加贷款。
further advance. 1. A second or later loan to a mortgagor by a mortgagee, either on the same security as the original loan or on an additional security. [Cases: Mortgages 16, 116. C.J.S. Mortgages §§ 154–156.] 2. Equity practice. The agreed conversion of arrears of interest on a mortgage security into principal.