| 单词 | Welsh mortgage |
| 释义 | Welsh mortgage Welsh mortgage a special kind of mortgage, which has been used quite commonly in Ireland, under which the mortgagee takes pos- session of land as security for a loan. The mortgagee takes the rents and profits from the land in place of interest. The mortgagor has no obligation to pay the principal but may redeem it at any time on doing so. |
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法律词典收录了2351条英汉双解法律词条，基本涵盖了常用法律英语单词及短语词组的翻译及用法，是法律学习的有利工具。