'Blanket mortgage' definitions:

Definition of 'Blanket mortgage'

From: GCIDE
  • Blanket mortgage \Blanket mortgage\ or Blanket policy \Blanket 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. [Webster 1913 Suppl.]