submortgage (English, noun)
expansion: submortgage (countable and uncountable, plural submortgages)
Senses:
topics: law
glosses: A secured loan whereby a mortgagee uses his interest in a mortgage as collateral on a loan with a third party, in effect transferring or assigning the mortgage thereto.
tags: countable
uncountable
Forms:
form: submortgages
tags: plural