BOND AND MORTGAGE
\bˈɒnd and mˈɔːɡɪd͡ʒ], \bˈɒnd and mˈɔːɡɪdʒ], \b_ˈɒ_n_d a_n_d m_ˈɔː_ɡ_ɪ_dʒ]\
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A species of security, consisting of a bond conditioned for the repayment of a loan of money, and a mortgage of realty to secure the performance of the stipulations of the bond. Meigs v. Bunting, 141 Pa. 233. 21 Atl. 588, 23 Am. St. Rep. 273.
By Henry Campbell Black
Word of the day
vertical stabilizer
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