This phrase, Inserted in a conveyance of land immediately after the statement of the quantity of land conveyed, means that such statement is not to be taken as a warranty of the quantity, but only an approximate estimate, and that the tract or parcel described is to pass, without regard to ah excess or deficiency in the quantity it actually contains. See Brawley v. U. S., 96 U. … [Read more...] about MORE OR LESS
M
MORTGAGE
(A) A loan to purchase real estate where the borrower places the title to real estate as collateral (the security) for the loan, which the lender can foreclose upon if the borrower does not pay back the loan in a timely fashion. After the foreclosure process, the real estate may be sold to pay off the loan. (B) contracts, conveyancing. Mortgages are of several kinds: as the … [Read more...] about MORTGAGE
MORGANATIC MARRIAGE
See MARRIAGE. … [Read more...] about MORGANATIC MARRIAGE
MORTGAGE BACKED SECURITY
A security or claim on the cash flows (payments) that are made on mortgage loans that have been packaged together in pools of mortgage loans. … [Read more...] about MORTGAGE BACKED SECURITY
MORGANGINA, OR MORGANGIVA
A gift on the morning after the wedding; dowry; the husband's gift to his wife on the day after the wedding. Du Cange; Cowell … [Read more...] about MORGANGINA, OR MORGANGIVA