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Meaning of BLANKET MORTGAGE

 
Webster's 1913 Dictionary
 
 Definition: 
\Blanket mortgage\ or policy \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.

 

 

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