Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
First Charge
A first charge or priority charge refers to any type of primary credit secured on a property. The most common example of first charge is a standard residential mortgage.
