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participating mortgage |
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participating mortgage An older term that is still sometimes encountered; it is a mortgage in which the lender takes a share of the profits during operations and on the sale of the property.Today, this would most frequently be called mezzanine financing. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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