Home > Term: capital mortgage
capital mortgage
Mortgage deed to secure a specific claim. The mortgage lien guarantees the repayment of principal, the costs of debt collection, and three years of defaulted interest at the time bankruptcy proceedings are opened or an application for the realization of the pledge is filed, as well as the interest payable since the last due date.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
0
Creator
- Stefan K
- 100% positive feedback