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What rhymes with ship mortgage?
ship mort·gage
This page is about the various possible words that rhymes or sounds like ship mortgage. Use it for writing poetry, composing lyrics for your song or coming up with rap verses.
- In a ship mortgage, a shipowner gives a lender (or mortgagee) an interest in a ship as security for a loan. Similar to other types of mortgage, a ship mortgage legally consists of three parts: the mortgage loan, the mortgage document (deed) and the rights derived from the mortgage deed onto money lender. Ship mortgages differ from other types of mortgage in three ways. First, some privileged claims could have a higher ranking over that of mortgagee against the ship. Second, ships naturally move between jurisdictions. And third, a ship is always at risk of partial or total damages at sea. The use of ship mortgages emerged as a widely accepted practice in shipping industry in the 19th century as a major source of finance for ship owners.
We couldn't find any rhymes for the word ship mortgage.
Maybe you were looking for one of these terms?
shionogi, ship, ship's, shipboard, shipbuilder, shipbuilding, shipe
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"ship mortgage Rhymes." Rhymes.com. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.rhymes.com/rhyme/ship+mortgage>.
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