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Second mortgage
A Mortgage on Real estate which has already been pledged as Collateral for an earlier mortgage. The second Mortgage carries rights which are subordinate to those of the first.
Semi Related Terms: 400 CLICK HERE TO VIEW
Allowance for depreciation ,
Accrual of discount ,
Amortization of premium ,
At par ,
All or any part ,
At best ,
At call ,
At risk ,
Add-on service ,
Abstract of title ,
Action to quiet title ,
As is ,
Assignment to creditors ,
Attorney in fact ,
Adjustable Rate Mortgage ,
After-acquired collateral ,
Assignment of mortgage ,
Assumable mortgage ,
A shares ,
At the money ,
Age-weighted plan ,
Across the board ,
Additional paid-in capital ,
Ad valorem ,
Against the box ,
At the bell ,
At the close ,
At the figure ,
At the full ,
At the market ,
At the opening order ,
Away from the market ,
Below the line ,
Books of final entry ,
Books of original entry ,
Banking Act of 1933 ,
Bid-to-cover ratio ,
Bureau of Public Debt ,
Brought over the wall ,
Buying on margin ,
Buy on close ,
Buy on opening ,
Buy the book ,
Balance of payments ,
Board of Governors ,
Breaking the syndicate ,
Bill of exchange ,
Bill of sale ,
Breach of trust ,
By the book ,
B shares ,
Breadth-of-market theory ,
Beat the gun ,
Cost Of Goods Sold ,
Cost of sales ,
Certificate of Participation ,
Collateralized Mortgage Obligation ,
Collateral trust certificate ,
Committee on Uniform Securities Identification Procedures ,
Code of procedure ,
Capitalization of income ,
Cost of Living Adjustment ,
Cost-of-living index ,
Council of Economic Advisers ,
Car ,
Chasing the market ,
Cheapest to deliver ,
Chicago Board of Trade ,
Cost-of-living rider ,
Certificate of stock ,
Cost of carry ,
Certificate of title ,
Contract for deed ,
Cancellation of debt ,
Cash collateral ,
Certificate of Claim ,
Chattel mortgage ,
Collateral ,
Collateral note ,
Collateral surety ,
Commercial mortgage ,
Conventional mortgage ,
Cost of debt capital ,
Cost of funds ,
C shares ,
Class of options ,
Close to the money ,
Certificate of Occupancy ,
Cloud on title ,
Cash or Deferred Arrangement ,
Class A Shares ,
Class B Shares ,
Crash of 1929 ,
Crash of 1987 ,
Coefficient of determination ,
Certificate of delivery ,
Close a position ,
Cornering the market ,
Curbs in ,
Deposit in transit ,
Date of issue ,
Date of payment ,
Division of Enforcement ,
Division of Investment Management ,
Division of Market Regulation ,
Date of record ,
Dividend in arrears ,
Desk (the) ,
Division of labor ,
Demand rights ,
Doing business as ,
Durable Power of Attorney ,
Date of maturity ,
Debtor in possession ,
Debtor-in-possession financing ,
Deed of Release ,
Deed of Trust ,
Discharge of bankruptcy ,
Discharge of lien ,
Due-on-sale clause ,
Deep in the money ,
Deep out of the money ,
Deed of Surrender ,
Department of Housing and Urban Development ,
Dogs of the Dow ,
Depth of market ,
Eurodollar certificate of deposit ,
Escrowed to maturity ,
Either-or order ,
Edge Act ,
E-mini ,
Exchange for futures ,
Exchange for physical ,
Exchange of spot ,
Equity mortgage ,
Estate tax ,
Employee Retirement Income Security Act of 1974 ,
Ex-rights ,
Ex-rights date ,
First In First Out ,
Federal Home Loan Mortgage Corporation ,
Federal National Mortgage Association ,
First call date ,
Flight to quality ,
Flow of funds ,
Fill or kill ,
Front-ending an order ,
Forward P/E ,
Factors of production ,
Favorable balance of trade ,
First board ,
First notice day ,
Fee-for-service ,
First preferred stock ,
Form S-1 ,
First mortgage ,
Fixed-Rate Mortgage ,
Family of funds ,
Fund of funds ,
Free right of exchange ,
First-round financing ,
Government National Mortgage Association ,
G-7 ,
General Agreement on Tariffs and Trade ,
G-8 ,
General mortgage ,
Growing equity mortgage ,
Gilt-edged ,
Gather in the stops ,
Hart-Scott-Rodino Act of 1976 ,
Hit the bid ,
House of issue ,
Holder in due course ,
High-ratio mortgage ,
Home Equity Conversion Mortgage ,
Home equity line of credit ,
Home Mortgage Disclosure Act ,
Hammering the market ,
Held at the opening ,
Holding the market ,
In escrow ,
In-house ,
Investment Advisor Act of 1940 ,
Investment Company Act of 1940 ,
In line ,
Insider Trading sanctions Act of 1984 ,
Internal Rate of Return ,
Indication of interest ,
In intestacy ,
Insured mortgage ,
In play ,
In-process research and development ,
I/O strip ,
In-service withdrawal ,
Imbalance of orders ,
In and out ,
In sympathy ,
In the tank ,
Jumping the gun ,
Joint mortgage ,
Killer bee ,
Last In First Out ,
Lender of last resort ,
Law of one price ,
Lending at a rate ,
Limit-on-close order ,
Law of demand ,
Law of supply ,
Letter of comment ,
Legal age ,
Line of credit ,
Loan-to-cost ,
Loan-to-value ,
Lock-in ,
Long-term mortgage ,
Leading the market ,
Locked in ,
Long-term gain or loss ,
Level I quotes ,
Mortgage-backed certificate ,
Mortgage-backed security ,
Mortgage bond ,
Mortgage pass-through security ,
Mortgage pool ,
Make a market ,
Market on close order ,
Mark-to-market ,
Medium of exchange ,
Marginal propensity to consume ,
Mortgage life insurance ,
Mortgage lien ,
Money at call ,
Mortgage ,
Mortgage banker ,
Mortgage banking ,
Mortgage broker ,
Mortgage debt ,
Mortgage interest deduction ,
Mortgage note ,
Mortgage rate ,
Mortgage REIT ,
Mortgage risk ,
Mortgage servicing ,
Negotiable certificate of deposit ,
Negotiable Order of Withdrawal ,
Notice of Sale ,
National Association of Securities Dealers ,
National Association of Securities Dealers Automated Quotations system ,
Net estate ,
Notice of Default ,
National Association of Real Estate Investment Trusts ,
Normal retirement age ,
Off the books ,
Office of Thrift Supervision ,
Out-of-favor ,
Over-the-Counter ,
On-floor order ,
On margin ,
Or better ,
Opinion of title ,
On account ,
On-the-spot loan ,
Open-end mortgage ,
Open mortgage ,
Overlying mortgage ,
Out of the money ,
Old age, survivors, and disability insurance ,
On-balance volume ,
On close ,
On open ,
On the opening ,
Pooling of interests ,
Payment-in-kind security ,
Price Value of a Basis Point ,
Payment for order flow ,
P&L ,
Provision for income taxes ,
Private Mortgage Insurance ,
Power of Attorney ,
Package mortgage ,
Prioritization of debt ,
Purchase-money mortgage ,
Paid-in capital ,
Paid-in surplus ,
Piggyback registration rights ,
Private Investment in Public Equity ,
Preservation of capital ,
Painting the tape ,
Real asset ,
Return of capital ,
Return on Capital ,
Return on Invested Capital ,
Return on Total Assets ,
Revolving collateral ,
Real interest rate ,
Real Estate Mortgage Investment Conduit ,
Reading the tape ,
Real-time trade reporting ,
Regulation D ,
Regulation G ,
Regulation T ,
Regulation U ,
Rights offering ,
Round of funding ,
Rules of Fair Practice ,
Rate of exchange ,
Real ,
Reciprocal of European terms ,
Real economic growth rate ,
Right ,
Regulation A ,
Right of first refusal ,
Right of rescission ,
Right to Know ,
Real estate owned ,
Residential mortgage ,
Reverse-annuity mortgage ,
Reverse mortgage ,
Revolving line of credit ,
Right of recourse ,
Rollover mortgage ,
Rule of 78 ,
Real estate ,
Real estate agent ,
Real estate broker ,
Right of redemption ,
Retirement Equity Act of 1984 ,
Return on Capital Employed ,
Rate of return ,
Real rate of return ,
Real-time ,
SEC filing ,
SG&A ,
Sight letter of credit ,
S&L ,
State bank ,
SEC ,
Series EE bond ,
SEC fee ,
Segregation of securities ,
Sell the book ,
Second preferred stock ,
Standard of living ,
Special Drawing Right ,
Second-to-die insurance ,
Statute of Limitations ,
Satisfaction of debt ,
Secondary mortgage market ,
Second mortgage ,
Self-amortizing mortgage ,
Share appreciation mortgage ,
Staggered board of directors ,
Selling the spread ,
Savings Incentive Match Plan for Employees ,
Selling short against the box ,
Shorting against the box ,
S Corporation ,
Short-term gain or loss ,
Subchapter M ,
Subchapter S Corporation ,
Schedule C ,
Securities Act of 1933 ,
Securities Acts Amendments of 1975 ,
Securities Exchange Act of 1934 ,
Seek a market ,
S&P phenomenon ,
T-Bill ,
Term to maturity ,
Take a position ,
Trailing P/E ,
Tenancy by the entirety ,
Truth in Lending ,
Two-step mortgage ,
Tenancy at will ,
The Street ,
Timing the market ,
Taxpayer Relief Act of 1997 ,
Tax Reform Act of 1986 ,
Tax Reform Act of 1993 ,
Take a bath ,
U.S. Government Agency Security ,
U.S. Savings Bond ,
U.S. Treasury ,
U.S. Treasury Bill ,
U.S. Treasury Bond ,
U.S. Treasury Note ,
U.S. Treasury Securities ,
Unit of trade ,
Unit of trading ,
Voting right ,
Waiver of premium ,
W-2 Form ,
W formation ,
When, as, and if issued ,
X or XD ,
Year-To-Date ,
Yield to call ,
Yield to maturity ,
Yield to worst ,
Y shares