GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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04:23 Oct 8, 2012 |
Spanish to English translations [PRO] Real Estate / Contrato de préstamo a largo plazo | |||||
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| Selected response from: AllegroTrans United Kingdom Local time: 23:17 | ||||
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Summary of answers provided | ||||
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4 | first-ranking mortgage |
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4 | First Mortgage |
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3 | First mortgage by deed; (AmE) first deeded mortgage security interest |
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first-ranking mortgage Explanation: . |
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First Mortgage Explanation: I've seen this term in mortgage deed in the U.S.A. |
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First mortgage by deed; (AmE) first deeded mortgage security interest Explanation: It's (collateral) security rather than a guaranteecf. the web ref. and convencional> contained in a contract or deed and not court-ordered, like a charging order in the UK. Deed ('deeded' mortgage) implies land in the US, though unclear from the context whether land or goods. Example sentence(s):
Reference: http://www.proz.com/kudoz/spanish_to_english/bus_financial/4... Reference: http://en.wikipedia.org/wiki/Mortgage_law |
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