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Từ vựng:

equitable mortgage

Giải nghĩa:

/ˈɛkwɪtəbl ˈmɔːɡɪdʒ/ – Phrase


Definition: Loại hình thế chấp công bằng.

A more thorough explanation: an agreement that has the purpose but not the form of a mortgage, and that a court will treat as a mortgage

Example: The Johnsons argue that the sale of their home created an equitable mortgage under Virginia common law.

 

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