blanket mortgage
A mortgage that covers multiple properties under a single loan.
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The following dictionary definition list is provided for clarification only. Note that many definitions are not directly applicable to mortgages, loans or other financial terminology in this glossary. Used with permission: WordNet 2.1 Copyright 2005 by Princeton University. All rights reserved.
blanket
Noun: blanket, cover (bedding that keeps a person warm in bed) "he pulled the covers over his head and went to sleep"
Noun: blanket, mantle (anything that covers) "there was a blanket of snow"
Noun: blanket (a layer of lead surrounding the highly reactive core of a nuclear reactor)
Verb: blanket (cover as if with a blanket) "snow blanketed the fields"
Verb: blanket (form a blanket-like cover (over))
Adjective: across-the-board, all-embracing, all-encompassing, all-inclusive, blanket, broad, encompassing, extensive, panoptic, wide (broad in scope or content) "across-the-board pay increases"; "an all-embracing definition"; "blanket sanctions against human-rights violators"; "an invention with broad applications"; "a panoptic study of Soviet nationality"- T.G.Winner; "granted him wide powers"
mortgage
Noun: mortgage (a conditional conveyance of property as security for the repayment of a loan)
Verb: mortgage (put up as security or collateral)
- blanket mortgage -
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