second mortgage

noun

: a mortgage the lien of which is subordinate to that of a first mortgage

Examples of second mortgage in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Crystal Basin’s Camino property was deeded back to the holder of the second mortgage as part of the proceedings. Sean Timberlake, Sacbee.com, 15 May 2026 In most of the deals, the buyer would take out a real mortgage to pay for the property, as well as a second mortgage, issued by David Knezevich himself, which appeared to cover the remaining cost of the property as part of a seller-financing arrangement. Shira Moolten, Sun Sentinel, 13 May 2026 Murphy even took out a second mortgage on his house, maxed out his credit cards, and cut his own salary to keep ReliaQuest alive. Emma Burleigh, Fortune, 11 May 2026 The truth is that a solid skincare routine doesn’t require a bathroom counter full of products or a second mortgage. Lauren Jarvis-Gibson, Miami Herald, 7 Apr. 2026 See All Example Sentences for second mortgage

Word History

First Known Use

1912, in the meaning defined above

Time Traveler
The first known use of second mortgage was in 1912

Browse Nearby Words

Cite this Entry

“Second mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/second%20mortgage. Accessed 20 May. 2026.

Legal Definition

second mortgage

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