sampant
English translation: (same property) 'all moneys' charge; (several) consolidated mortgage {AE: bond}
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| 15:08 Mar 29, 2009 |
| Danish to English translations [PRO] Bus/Financial - Law (general) / e-program | |||||||
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|  Selected response from: Adrian MM. (X) Local time: 10:24 | ||||||
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| 4 | cross-collateralized mortgage |
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| 3 +1 | (same property) 'all moneys' charge; (several) consolidated mortgage {AE: bond} |
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Answers
3 hrs confidence: 
cross-collateralized mortgage Explanation: "sampant" is explained here: "Samme skole har foretaget en ”sampantsætning” af skolens bygningsmasse. Dette betyder, at skolen har udskiftet mange mindre lån med pant i de enkelte ejendomme med få store lån med fælles pant i skolens samlede bygningsmasse." (from http://pub.uvm.dk/2000/bygn/hele.pdf) and this would appear to be the same as "cross-collateralized mortgage" - see here: http://www.mortgagenewsdaily.com/wiki/Cross_Collateralized_M... |
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6 hrs confidence: peer agreement (net): +1
peer agreement (net): +1(same property) 'all moneys' charge; (several) consolidated mortgage {AE: bond} Explanation: Consolidated mortgage bond is the AE/Am. Eng. variety of the BE consolidated mortgage- Example sentence(s):
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