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单词 first mortgage
释义
  • Business

first mortgagenoun [ C ]

ukus

PROPERTY, FINANCE if a person or financial organization has a first mortgage on a property, they have the right to be paid first if its owner fails to pay back money they have borrowed to buy the property:

If he loses his house, proceeds from its sale would go toward paying off the first mortgage.
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更新时间:2024/12/23 5:16:44