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Blanket mortgage
Blanket mortgage Blanket mortgage or policy policy .
One that covers a group or class of things or properties
instead of one or more things mentioned individually, as
where a mortgage secures various debts as a group, or
subjects a group or class of different pieces of property to
one general lien.
Chattel mortgageMortgage Mort"gage, n. [F. mort-gage; mort dead (L. mortuus) +
gage pledge. See Mortal, and Gage.]
1. (Law) A conveyance of property, upon condition, as
security for the payment of a debt or the preformance of a
duty, and to become void upon payment or performance
according to the stipulated terms; also, the written
instrument by which the conveyance is made.
Note: It was called a mortgage (or dead pledge) because,
whatever profit it might yield, it did not thereby
redeem itself, but became lost or dead to the mortgager
upon breach of the condition. But in equity a right of
redemption is an inseparable incident of a mortgage
until the mortgager is debarred by his own laches, or
by judicial decree. --Cowell. Kent.
2. State of being pledged; as, lands given in mortgage.
Chattel mortgage. See under Chattel.
To foreclose a mortgage. See under Foreclose.
Mortgage deed (Law), a deed given by way of mortgage. Chattel mortgageChattel Chat"tel, n. [OF. chatel; another form of catel. See
Cattle.] (Law)
Any item of movable or immovable property except the
freehold, or the things which are parcel of it. It is a more
extensive term than goods or effects.
Note: Chattels are personal or real: personal are such as are
movable, as goods, plate, money; real are such rights
in land as are less than a freehold, as leases,
mortgages, growing corn, etc.
Chattel mortgage (Law), a mortgage on personal property, as
distinguished from one on real property. DismortgageDismortgage Dis*mort"gage (?; 48), v. t. [imp. & p. p.
Dismortaged; p. pr. & vb. n. Dismortgaging.]
To redeem from mortgage. [Obs.] --Howell. DismortgagingDismortgage Dis*mort"gage (?; 48), v. t. [imp. & p. p.
Dismortaged; p. pr. & vb. n. Dismortgaging.]
To redeem from mortgage. [Obs.] --Howell. MortgageMortgage Mort"gage, v. t. [imp. & p. p. Mortgaged; p. pr. &
vb. n. Mortgaging.]
1. (Law) To grant or convey, as property, for the security of
a debt, or other engagement, upon a condition that if the
debt or engagement shall be discharged according to the
contract, the conveyance shall be void, otherwise to
become absolute, subject, however, to the right of
redemption.
2. Hence: To pledge, either literally or figuratively; to
make subject to a claim or obligation.
Mortgaging their lives to covetise. --Spenser.
I myself an mortgaged to thy will. --Shak. MortgageMortgage Mort"gage, n. [F. mort-gage; mort dead (L. mortuus) +
gage pledge. See Mortal, and Gage.]
1. (Law) A conveyance of property, upon condition, as
security for the payment of a debt or the preformance of a
duty, and to become void upon payment or performance
according to the stipulated terms; also, the written
instrument by which the conveyance is made.
Note: It was called a mortgage (or dead pledge) because,
whatever profit it might yield, it did not thereby
redeem itself, but became lost or dead to the mortgager
upon breach of the condition. But in equity a right of
redemption is an inseparable incident of a mortgage
until the mortgager is debarred by his own laches, or
by judicial decree. --Cowell. Kent.
2. State of being pledged; as, lands given in mortgage.
Chattel mortgage. See under Chattel.
To foreclose a mortgage. See under Foreclose.
Mortgage deed (Law), a deed given by way of mortgage. mortgageRecord Re*cord" (r?*k?rd"), v. t. [imp. & p. p. Recorded; p.
pr. & vb. n. Recording.] [OE. recorden to repeat, remind,
F. recorder, fr. L. recordari to remember; pref. re- re- +
cor, cordis, the heart or mind. See Cordial, Heart.]
1. To recall to mind; to recollect; to remember; to meditate.
[Obs.] ``I it you record.' --Chaucer.
2. To repeat; to recite; to sing or play. [Obs.]
They longed to see the day, to hear the lark Record
her hymns, and chant her carols blest. --Fairfax.
3. To preserve the memory of, by committing to writing, to
printing, to inscription, or the like; to make note of; to
write or enter in a book or on parchment, for the purpose
of preserving authentic evidence of; to register; to
enroll; as, to record the proceedings of a court; to
record historical events.
Those things that are recorded of him . . . are
written in the chronicles of the kings. --1 Esd. i.
42.
To record a deed, mortgage, lease, etc., to have a copy
of the same entered in the records of the office
designated by law, for the information of the public. mortgage debentureDebenture De*ben"ture, n.
Any of various instruments issued, esp. by corporations, as
evidences of debt. Such instruments (often called
debenture bonds) are generally, through not necessarily,
under seal, and are usually secured by a mortgage or other
charge upon property; they may be registered or
unregistered. A debenture secured by a mortgage on
specific property is called a
mortgage debenture; one secured by a floating charge (which
see), a
floating debenture; one not secured by any charge
a naked debenture. In general the term debenture in British
usage designates any security issued by companies other
than their shares, including, therefore, what are in the
United States commonly called bonds. When used in the
United States debenture generally designates an instrument
secured by a floating charge junior to other charges
secured by fixed mortgages, or, specif., one of a series
of securities secured by a group of securities held in
trust for the benefit of the debenture holders. Mortgage deedMortgage Mort"gage, n. [F. mort-gage; mort dead (L. mortuus) +
gage pledge. See Mortal, and Gage.]
1. (Law) A conveyance of property, upon condition, as
security for the payment of a debt or the preformance of a
duty, and to become void upon payment or performance
according to the stipulated terms; also, the written
instrument by which the conveyance is made.
Note: It was called a mortgage (or dead pledge) because,
whatever profit it might yield, it did not thereby
redeem itself, but became lost or dead to the mortgager
upon breach of the condition. But in equity a right of
redemption is an inseparable incident of a mortgage
until the mortgager is debarred by his own laches, or
by judicial decree. --Cowell. Kent.
2. State of being pledged; as, lands given in mortgage.
Chattel mortgage. See under Chattel.
To foreclose a mortgage. See under Foreclose.
Mortgage deed (Law), a deed given by way of mortgage. MortgagedMortgage Mort"gage, v. t. [imp. & p. p. Mortgaged; p. pr. &
vb. n. Mortgaging.]
1. (Law) To grant or convey, as property, for the security of
a debt, or other engagement, upon a condition that if the
debt or engagement shall be discharged according to the
contract, the conveyance shall be void, otherwise to
become absolute, subject, however, to the right of
redemption.
2. Hence: To pledge, either literally or figuratively; to
make subject to a claim or obligation.
Mortgaging their lives to covetise. --Spenser.
I myself an mortgaged to thy will. --Shak. Mortgagee
Mortgagee Mort`ga*gee", n. (Law)
The person to whom property is mortgaged, or to whom a
mortgage is made or given.
Mortgageor
Mortgageor Mort"gage*or, Mortgagor Mort"ga*gor, n. (Law)
One who gives a mortgage.
Note: The letter e is required analogically after the second
g in order to soften it; but the spelling mortgagor is
in fact the prevailing form. When the word is
contradistinguished from mortgagee it is accented on
the last syllable (?).
Mortgager
Mortgager Mort"ga*ger, n. (Law)
gives a mortgage.
MortgagingMortgage Mort"gage, v. t. [imp. & p. p. Mortgaged; p. pr. &
vb. n. Mortgaging.]
1. (Law) To grant or convey, as property, for the security of
a debt, or other engagement, upon a condition that if the
debt or engagement shall be discharged according to the
contract, the conveyance shall be void, otherwise to
become absolute, subject, however, to the right of
redemption.
2. Hence: To pledge, either literally or figuratively; to
make subject to a claim or obligation.
Mortgaging their lives to covetise. --Spenser.
I myself an mortgaged to thy will. --Shak. Mortgagor
Mortgageor Mort"gage*or, Mortgagor Mort"ga*gor, n. (Law)
One who gives a mortgage.
Note: The letter e is required analogically after the second
g in order to soften it; but the spelling mortgagor is
in fact the prevailing form. When the word is
contradistinguished from mortgagee it is accented on
the last syllable (?).
To foreclose a mortgageMortgage Mort"gage, n. [F. mort-gage; mort dead (L. mortuus) +
gage pledge. See Mortal, and Gage.]
1. (Law) A conveyance of property, upon condition, as
security for the payment of a debt or the preformance of a
duty, and to become void upon payment or performance
according to the stipulated terms; also, the written
instrument by which the conveyance is made.
Note: It was called a mortgage (or dead pledge) because,
whatever profit it might yield, it did not thereby
redeem itself, but became lost or dead to the mortgager
upon breach of the condition. But in equity a right of
redemption is an inseparable incident of a mortgage
until the mortgager is debarred by his own laches, or
by judicial decree. --Cowell. Kent.
2. State of being pledged; as, lands given in mortgage.
Chattel mortgage. See under Chattel.
To foreclose a mortgage. See under Foreclose.
Mortgage deed (Law), a deed given by way of mortgage. To foreclose a mortgageForeclose Fore*close", v. t. [imp. & p. p. Foreclosed; p.
pr. & vb. n. Foreclosing.] [F. forclos, p. p. of forclore
to exclude; OF. fors, F. hors, except, outside (fr. L. foris
outside) + F. clore to close. See Foreign, and Close, v.
t.]
To shut up or out; to preclude; to stop; to prevent; to bar;
to exclude.
The embargo with Spain foreclosed this trade. --Carew.
To foreclose a mortgager (Law), to cut him off by a
judgment of court from the power of redeeming the
mortgaged premises, termed his equity of redemption.
To foreclose a mortgage, (not technically correct, but
often used to signify) the obtaining a judgment for the
payment of an overdue mortgage, and the exposure of the
mortgaged property to sale to meet the mortgage debt.
--Wharton. To foreclose a mortgagerForeclose Fore*close", v. t. [imp. & p. p. Foreclosed; p.
pr. & vb. n. Foreclosing.] [F. forclos, p. p. of forclore
to exclude; OF. fors, F. hors, except, outside (fr. L. foris
outside) + F. clore to close. See Foreign, and Close, v.
t.]
To shut up or out; to preclude; to stop; to prevent; to bar;
to exclude.
The embargo with Spain foreclosed this trade. --Carew.
To foreclose a mortgager (Law), to cut him off by a
judgment of court from the power of redeeming the
mortgaged premises, termed his equity of redemption.
To foreclose a mortgage, (not technically correct, but
often used to signify) the obtaining a judgment for the
payment of an overdue mortgage, and the exposure of the
mortgaged property to sale to meet the mortgage debt.
--Wharton. Welsh mortgageWelsh Welsh, a. [AS. w[ae]lisc, welisc, from wealh a stranger,
foreigner, not of Saxon origin, a Welshman, a Celt, Gael;
akin to OHG. walh, whence G. w["a]lsch or welsch, Celtic,
Welsh, Italian, French, Foreign, strange, OHG. walhisc; from
the name of a Celtic tribe. See Walnut.]
Of or pertaining to Wales, or its inhabitants. [Sometimes
written also Welch.]
Welsh flannel, a fine kind of flannel made from the fleece
of the flocks of the Welsh mountains, and largely
manufactured by hand.
Welsh glaive, or Welsh hook, a weapon of war used in
former times by the Welsh, commonly regarded as a kind of
poleax. --Fairholt. --Craig.
Welsh mortgage (O. Eng. Law), a species of mortgage, being
a conveyance of an estate, redeemable at any time on
payment of the principal, with an understanding that the
profits in the mean time shall be received by the
mortgagee without account, in satisfaction of interest.
--Burrill.
Welsh mutton, a choice and delicate kind of mutton obtained
from a breed of small sheep in Wales.
Welsh onion (Bot.), a kind of onion (Allium fistulosum)
having hollow inflated stalks and leaves, but scarcely any
bulb, a native of Siberia. It is said to have been
introduced from Germany, and is supposed to have derived
its name from the German term w["a]lsch foreign.
Welsh parsley, hemp, or halters made from hemp. [Obs. &
Jocular] --J. Fletcher.
Welsh rabbit. See under Rabbit.
Meaning of Mortga from wikipedia
