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We found 4 dictionaries that define the word submortgage:

General (2 matching dictionaries)
  1. submortgage: Dictionary.com
  2. submortgage: Wiktionary

Business (2 matching dictionaries)
  1. INVESTORWORDS (No longer online)
  2. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (submortgage)

noun:  (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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