Generic filters
Search in title
Search in content
Exact matches only
Filter by Nhóm từ điển
English
Vietnamese

Từ vựng:

blanket mortgage

Giải nghĩa:

/ˈblæŋkɪt ˈmɔrɡɪdʒ/ – Phrase


Definition: việc cầm cố toàn bộ tài sản.

A more thorough explanation: A blanket mortgage is a single mortgage that covers multiple properties or pieces of real estate. This type of mortgage allows the borrower to use the equity in all of the properties as collateral for the loan. If the borrower defaults on the loan, the lender has the right to foreclose on all of the properties covered by the blanket mortgage.

Example: The real estate developer obtained a blanket mortgage to secure financing for multiple properties within the same development project.

 

 
error: