/sʌbˈmɔːrgɪdʒ/ – noun
Definition: việc cầm cố lại, việc thế chấp lại.
A more thorough explanation: A submortgage refers to a secondary mortgage that is taken out on a property that already has an existing primary mortgage. The submortgage holder has a lower priority in terms of repayment in the event of default compared to the primary mortgage holder.
Example: The submortgage agreement allowed the borrower to transfer a portion of their mortgage to a third party.