| 释义 |
partial release
partial releaseIn a prestressed concrete member, a release of part of the total prestress initially held entirely in the prestressed reinforcement.partial release
Partial ReleaseA provision in some mortgages allowing part of the collateral (which, in this case, is the property underlying the mortgage) to be released under certain stated circumstances. For example, once the property owner has repaid a given percentage of the principal, part of the property may be released from the collateral under a partial release provision.partial releaseA mortgage lender's release of its lien from only some portion of the land mortgaged. Usually encountered in subdivision development.The lender and the developer will have a prearranged ratio for division of proceeds from the sale of each parcel. |