mortgage debentures

mortgage debentures
Debentures by which specific funds or property are pledged as security. Barton Nat. Bank v Atkins, 72 Vt 33, 45, 47 A 176. A paradoxical expression if the definition of debenture as a bond secured, at best, by a pledge of income be accepted. See debenture.

Ballentine's law dictionary. . 1998.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • Federal Home Loan Mortgage Corporation — ( FHLMC) A U.S. government sponsored enterprise. FHLMC is owned by member financial institutions and is not an agency of the U.S. government. It provides financial products and services in the mortgage market that enhance liquidity. Informally… …   Financial and business terms

  • first mortgage debenture — A debenture with the first charge over property owned by a company. Such debentures are most commonly issued by property companies …   Accounting dictionary

  • Agricultural Mortgage Corporation Ltd — AMC A corporation established to grant loans to farmers against mortgages on their land by the Agricultural Credits Act (1928). The AMC offers loans for periods of 5 to 30 years. The capital of the corporation is supplied by the Bank of England,… …   Big dictionary of business and management

  • first mortgage debenture — A debenture with the first charge over property owned by a company. Such debentures are most commonly issued by property companies …   Big dictionary of business and management

  • corporate mortgage trust — Device for financing corporate activities which requires an indenture and an independent trustee for protection of holders of bonds and debentures. The trust holds security consisting of property in event of default …   Black's law dictionary

  • corporate mortgage trust — Device for financing corporate activities which requires an indenture and an independent trustee for protection of holders of bonds and debentures. The trust holds security consisting of property in event of default …   Black's law dictionary

  • The Indian Express — For the bifurcated South Indian edition, see The New Indian Express. The Indian Express …   Wikipedia

  • loan capital — borrowed capital; = debt capital Capital used to finance an organization that is subject to payment of interest over the life of the loan, at the end of which the loan is normally repaid. There are different categories of loan capital: mortgage… …   Accounting dictionary

  • loan capital — borrowed capital; debt capital Capital used to finance an organization that is subject to payment of interest over the life of the loan, at the end of which the loan is normally repaid. There are different categories of loan capital: mortgage… …   Big dictionary of business and management

  • FutureView Financial Services Limited — Infobox Company company name = Futureview Financial Services Limited company company type = Privately held foundation = 1993 location = Lagos State key people = Elizabeth Ebi, MD/CEO Diamond Uju, Director Tochukwu Kemakolam, Company secretary… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”