"submortgage" meaning in English

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  "etymology_text": "From sub- + mortgage.",
  "forms": [
    {
      "form": "submortgages",
      "tags": [
        "plural"
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  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
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      "examples": [
        {
          "ref": "2016, David Osborne, Graeme Bowtle & Charles Buss, chapter 3, in The Law of Ship Mortgages, page 61:",
          "text": "The amount secured by the submortgage can never exceed the amount secured by the original mortgage.",
          "type": "quote"
        }
      ],
      "glosses": [
        "A secured loan whereby a mortgagee uses his interest in a mortgage as collateral on a loan with a third party, in effect transferring or assigning the mortgage thereto."
      ],
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        [
          "secured loan",
          "secured loan"
        ],
        [
          "mortgagee",
          "mortgagee"
        ],
        [
          "mortgage",
          "mortgage"
        ]
      ],
      "raw_glosses": [
        "(law) A secured loan whereby a mortgagee uses his interest in a mortgage as collateral on a loan with a third party, in effect transferring or assigning the mortgage thereto."
      ],
      "related": [
        {
          "word": "submortgagee"
        }
      ],
      "tags": [
        "countable",
        "uncountable"
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      "topics": [
        "law"
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  "word": "submortgage"
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  ],
  "etymology_text": "From sub- + mortgage.",
  "forms": [
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      "tags": [
        "plural"
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  ],
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  "lang_code": "en",
  "pos": "noun",
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    {
      "word": "submortgagee"
    }
  ],
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      "examples": [
        {
          "ref": "2016, David Osborne, Graeme Bowtle & Charles Buss, chapter 3, in The Law of Ship Mortgages, page 61:",
          "text": "The amount secured by the submortgage can never exceed the amount secured by the original mortgage.",
          "type": "quote"
        }
      ],
      "glosses": [
        "A secured loan whereby a mortgagee uses his interest in a mortgage as collateral on a loan with a third party, in effect transferring or assigning the mortgage thereto."
      ],
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          "secured loan",
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        [
          "mortgage",
          "mortgage"
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      ],
      "raw_glosses": [
        "(law) A secured loan whereby a mortgagee uses his interest in a mortgage as collateral on a loan with a third party, in effect transferring or assigning the mortgage thereto."
      ],
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        "uncountable"
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  "word": "submortgage"
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