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When the bank foreclosed, they discovered the family had taken out an anaconda mortgage that tied up every parcel of land and even the farmhouse itself.
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When the bank foreclosed, they discovered the family had taken out an anaconda mortgage that tied up every parcel of land and even the farmhouse itself.
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Related words
anaconda mortgage
Noun
Southern
US
dated
idiomatic
Japanese Meaning
(主に南部米国の古い俗語) 借入金全体が、借り手の住宅、土地、その他の所有財産によって担保されるローン取引の一形態。
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