(definition) by Webster 1913 Fri Oct 21 2005 at 4:10:25

Blanket mortgage or policy .

One that covers a group or class of things or properties instead of one or more things mentioned individually, as where a mortgage secures various debts as a group, or subjects a group or class of different pieces of property to one general lien.

 

© Webster 1913.

del.icio.us Furl Facebook Digg StumbleUpon Reddit (unvotable) (I like it!)
Y'know, if you log in, you can write something here, or contact authors directly on the site. Create a New User if you don't already have an account.