Dictionary
Find
in
Dictionary
Thesaurus
Translations

Click to move up the list of words
puppy love
pupus
Purana
Purbach
purblind
purchase
purchase and sale statement
purchase ledger
purchase money mortgage
purchase order
purchase tax
purchasing power
purchasing power parity
purdah
pure
pure democracy
pure economic rent
Click to move down the list of words
Print Preview
See pronunciation key
Search for "purchase money mortgage" in all of MSN Encarta
E-mail this entry
Blog about this entry on MSN Spaces
Download the MSN Encarta Right-Click Dictionary

purchase money mortgage

pur·chase mon·ey mort·gage (plural pur·chase mon·ey mort·ga·ges)


noun 
Definition:
 
commercial law mortgage taken by buyer: a mortgage that a buyer takes out in order to obtain the money needed to buy a property

Advertisement

Also on Encarta
Englishtown: Learn English online
Our Partners
Also on MSN
Encarta Message Boards (© Rubberball/Jupiterimages)
MSN Shopping
Encarta RSS Feeds
© 2008 Microsoft