משכון מדרגה שנייה

English translation: Second mortgage

00:06 Mar 10, 2020
Hebrew to English translations [PRO]
Real Estate / הסכם הלוואה
Hebrew term or phrase: משכון מדרגה שנייה
באחד מסעיפי ההסכם המתייחס לבטחונות כתוב כדלקמן:
"להבטחת פרעון ההלוואה ע"י הלווה, יירשם לטובת המלוונ משכון (מדרגה שנייה)...
מה המונח המתאים: junior mortgage? pawn?
תודה מראש למשיבים
Esther Levene
United Kingdom
Local time: 02:58
English translation:Second mortgage
Explanation:
This is the term used in Canada (and maybe elsewhere?) - your context may be different...
Selected response from:

Amir Gavriely
Canada
Local time: 21:58
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1second lien
David Greenberg
3Second mortgage
Amir Gavriely
Summary of reference entries provided
Junior Mortgage
Sergio Kot

Discussion entries: 2





  

Answers


5 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Second mortgage


Explanation:
This is the term used in Canada (and maybe elsewhere?) - your context may be different...


    https://en.wikipedia.org/wiki/Second_mortgage
Amir Gavriely
Canada
Local time: 21:58
Native speaker of: Native in HebrewHebrew
PRO pts in category: 4
Notes to answerer
Asker: Thank you for your answer. I checked the term in the dictionary of מעות www.maot.co.il and your suggested translation appears under: משכנתא שנייה and not משכנתא בדרגה שנייה unless both have the same meaning. Thank you

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14 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
second lien


Explanation:
Does this fit the bill?


    https://www.investopedia.com/terms/s/secondliendebt.asp
David Greenberg
Israel
Local time: 04:58
Native speaker of: English
PRO pts in category: 14

Peer comments on this answer (and responses from the answerer)
agree  Simon Charass
1 day 5 hrs
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Reference comments


9 hrs
Reference: Junior Mortgage

Reference information:
Defined as משכנתא בדרגה שנייה. See ref


    Reference: http://www.maot.co.il/lex13/glossary/g_1280.asp
Sergio Kot
Israel
Works in field
Native speaker of: Native in HebrewHebrew, Native in SpanishSpanish
PRO pts in category: 4
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