purchase money mortgage definition - Dictionary

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purchase and sale statement

purchase ledger

purchase money mortgage

purchase order

purchase tax

purchasing power

purchasing power parity

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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

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