Package mortgage

Package Mortgage
Financial & Investment Dictionary:
Package Mortgage
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Package Mortgage
Mortgage on both the purchased real estate and personal property of a durable type, with the entire amount financed is considered one mortgage.

Package mortgage
A mortgage on a house and property in the house.
Paid-in capital ...

package mortgage A type of mortgage, including the furniture and other personal property in addition to the house. paid A payment made on an obligation. paid up The case in which all payments due have been paid.

Takeover defense strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm.
Package mortgage ...

See also: Banks, Refunding, Convertible Bond, Personal property, Pink sheet