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sub-mortgage
sub-mortgage v.
Brit. 
/ˌsʌbˈmɔːɡᵻdʒ/
, /ˌsʌbˈmɔːɡᵻdʒ/U.S. /ˌsəbˈmɔrɡɪdʒ/
/ˌsəbˈmɔrɡɪdʒ/ΚΠ
1832 in B. Murdoch Epitome Laws Nova-Scotia II. 285 As a mortgage may be created by deposit, so may a mortgage be assigned or submortgaged by deposit.
1908 Times 11 Jan. 3/6 The second mortgage..is sub-mortgaged for £1,500 at 4 per cent. per annum.
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