Welsh mortgage English

Meaning Welsh mortgage meaning

What does Welsh mortgage mean?

Welsh mortgage noun

— A kind 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 meantime shall be received by the mortgagee without account, in satisfaction of interest.

Synonyms Welsh mortgage synonyms

What other words have the same or similar meaning as Welsh mortgage?

Welsh mortgage English » English

pledging of the income from real property

assignment of rents

assignment of profits

antichresis