second mortgage meaning

UK /ˈsɛkənd ˈmɔːɡɪdʒ/ US /ˈsɛkənd ˈmɔrɡədʒ/ 4 syllables

second mortgage (noun): a mortgage that is subordinate to a first mortgage.

Definition of second mortgage

  1. a mortgage that is subordinate to a first mortgage

    Type of: mortgage

How to pronounce second mortgage

second mortgage is pronounced /ˈsɛkənd ˈmɔːɡɪdʒ/ in British English and /ˈsɛkənd ˈmɔrɡədʒ/ in American English. It has 4 syllables.

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