元となった辞書の項目
wraparound mortgage
noun
A
form
of
mortgage
in
which
the
seller
of
a
property
extends
to
the
buyer
a
junior
mortgage
which
exists
in
addition
to
any
superior
mortgages
already
secured
on
the
property.
The
seller
accepts
a
secured
promissory
note
from
the
buyer
for
the
amount
due
on
the
underlying
mortgage
plus
an
amount
up
to
the
remaining
purchase-money
balance.
意味(1)
A
form
of
mortgage
in
which
the
seller
of
a
property
extends
to
the
buyer
a
junior
mortgage
which
exists
in
addition
to
any
superior
mortgages
already
secured
on
the
property.
The
seller
accepts
a
secured
promissory
note
from
the
buyer
for
the
amount
due
on
the
underlying
mortgage
plus
an
amount
up
to
the
remaining
purchase-money
balance.