general mortgage bond
general mortgage bond 总括抵押债券 以在发行人资产上设定的总括抵押〔general mortgage；blanket mortgage〕为担保发行的债券。
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general-mortgage bond
general mortgage bond
A corporate bond secured by a blanket mortgage on property. • The general-mortgage bond, however, is often less valuable because it is subordinate to prior mortgages. [Cases: Corporations 470. C.J.S. Corporations §§ 664–665.]
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