future advance clause
future advance clause 追加贷款条款；未来贷款条款 在开放型抵押〔open-end mortgage〕或信托契据〔deed of trust〕中的一项条款，规定借款人可以基于同一抵押财产和同一担保文书，在将来某一时间增加借款。 (→future advance)
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FUTURE-ADVANCE CLAUSE
future advance clause
future-advance clause. A contractual term in a security agreement covering additional loaned amounts on present collateral or collateral to be acquired in the future, regardless of whether the secured party is obliged to make the advances; esp., a provision in an open-end mortgage or deed of trust allowing the borrower to borrow additional sums in
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