"Submortgage" is a word in LAW AND LEGAL

Submortgage LAW AND LEGAL
Definition:

when a person who holds a mortgage as security for a loan which he has made, procures a loan to himself from a third person, and pledges his mortgage as security, he effects what ls called a “submort-gage.”

Few words of positivity

A man without life purpose is not in any way different from a wondering goat.

Bamigboye Olurotimi

WORD SUGGESTIONS
Laugh your heart out.

A student called up his Mom one evening from his college and asked her for some money, because he was broke.His Mother said, "Sure, sweetie. I will send you some money. You also left your economics book here when you visited two weeks ago. Do you want me to send that up too?""Uhh, oh yeah, O.K." responded the kid.So his Mom wrapped the book along with the checks up in a package, kissed Dad goodbye, and went to the post office to mail the money and the book. When she gets back, Dad asked, "Well how much did you give the boy this time?""Oh, I wrote two checks, one for $20, and the other for $1,000 out to him.""That's $1020!!!" yelled Dad, "Are you going crazy???""Don't worry hon," Mom said, kissed Dad on the on top of his bald head, "I taped the $20 check to the cover of his book, but I put the $1,000 one somewhere between the pages in chapter 15!"

Assumption LAW AND LEGAL

The act or agreement of assuming or taking upon one’s self; the un* dertaking or adoption of a debt or …

Read the complete definition
Commodatum LAW AND LEGAL

In the civil law. He who lends to another a thing for a definite time, to be enjoyed and used …

Read the complete definition
Contrainte Par Corps LAW AND LEGAL

In French law. The civil process of arrest of the person, which is imposed upon vendors falsely representing their property …

Read the complete definition
conveyance ENGLISH

The act by which the title to property, esp. real estate, is transferred; transfer of ownership; an instrument in writing …

Read the complete definition
hypothecate ENGLISH

To subject, as property, to liability for a debt or engagement without delivery of possession or transfer of title; to …

Read the complete definition
luag CEBUANO

luag a {1} loose, not tightly attached or wound around. Luag kaáyu pagkabaáta ang písì, The rope is loosely tied. …

Read the complete definition
lukat CEBUANO

lukat v [A; a] {1} redeem s.t. pawned or mortgaged. Marimáti ang singsing ug dì nímu lukatun, The ring will …

Read the complete definition
Mortgage LAW AND LEGAL

An estate created by a conveyance absolute ln lts form, hut intended to secure the performance of some act, such …

Read the complete definition
mortgagee ENGLISH

The person to whom property is mortgaged, or to whom a mortgage is made or given.

Read the complete definition
Stellionatus LAW AND LEGAL

Lat In the civil law. A general name for any kind of fraud not falling under any specific class. But …

Read the complete definition