Từ vựng:

WADSET

Giải nghĩa:

/ˈwɒdˌsɛt/ – verb


Definition: (Scot) thế chấp bất động sản, cầm cố bất động sản.

A more throughout explanation: A wadset is a legal term that refers to a mortgage or security interest in real property that is conditional and temporary, where the property is transferred to the lender as security for a loan, with the condition that the property will be returned to the borrower upon repayment of the loan.

Example: The lender required the borrower to provide a wadset as security for the loan.

 

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