mortgageable property

mortgageable property
Property which can be subjected to a mortgage, the term usually being used in reference to personal property and chattel mortgages. 15 Am J2d Chat Mtg § 21.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • Agriculture in Sudan — In the early 1990s, agriculture and livestock raising were the main sources of livelihood in Sudan for about 61 percent of the working population. cite web|url= bin/query/D?cstdy:4:./temp/ frd htX5::|title=Agriculture,… …   Wikipedia

  • after acquired clause — A contractual clause in a mortgage agreement stating that any additional mortgageable property attained by the borrower after the mortgage is signed will be regarded as additional security for the obligation addressed in the mortgage. Bloomberg… …   Financial and business terms

  • mortgage — n. & v. n. 1 a a conveyance of property by a debtor to a creditor as security for a debt (esp. one incurred by the purchase of the property), on the condition that it shall be returned on payment of the debt within a certain period. b a deed… …   Useful english dictionary

  • Sávoly — Infobox Settlement subdivision type = Country subdivision name = HUN timezone=CET utc offset=+1 timezone DST=CEST utc offset DST=+2official name=Sávoly subdivision type1=County subdivision name1=Somogy area total km2=26.84 population total=533… …   Wikipedia

  • mortgage — [ mɔ:gɪdʒ] noun a legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor s property, with the condition that the conveyance of title becomes void upon the payment of the debt.… …   English new terms dictionary

  • general mortgage — A type of obligation that covers all a borrower s mortgageable properties, not just one specific property. Bloomberg Financial Dictionary …   Financial and business terms