conterminous

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(kən-tûr'mə-nəs) pronunciation also co·ter·mi·nous (kō-)
adj.
  1. Having a boundary in common; contiguous: The northern border of the United States is conterminous with the southern border of Canada.
  2. Contained in the same boundaries; coextensive: the conterminous 48 states.
  3. Having the same scope, range of meaning, or extent in time.

[From Latin conterminus : com-, com- + terminus, boundary.]

conterminously con·ter'mi·nous·ly adv.
conterminousness con·ter'mi·nous·ness n.

Roget's Thesaurus:

conterminous

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adjective

    Sharing a common boundary: adjacent, adjoining, contiguous, next. See near/far/distance.

A suppplemental loan with a maturity that is the same as the senior, or original, loan. Coterminous is most often used to describe mortgage loans, such as those for residential and commercial borrowers.

Investopedia Says:
While a supplemental loan can have a maturity date that occurs after that of the original loan (often called "non-coterminous"), most second mortgage lenders or mezzanine lenders prefer to have both loans mature on the same date. This way, the borrower can choose to refinance both loans into one larger one, preferably with the same lender. 

Related Links:
Learn how rate changes can affect home prices and how you can keep up. How Interest Rates Affect The Housing Market
Find out how to determine whether refinancing will put you ahead or even more behind. How Refinancing Affects Your Net Worth
Borrowed funds can mean a leg up for companies, or the boot for investors. Find out how to tell the difference. Will Corporate Debt Drag Your Stock Down?


Word Tutor:

coterminous

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pronunciation

IN BRIEF: adj. - Being of equal extent or scope or duration.

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Random House Word Menu:

categories related to 'conterminous'

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Random House Word Menu by Stephen Glazier
For a list of words related to conterminous, see:
  • Relative Positions - conterminous: (adj) having a common boundary; lying within one common boundary


Translations:

Conterminous

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Dansk (Danish)
adj. - med grænsefællesskab, sammenfaldende

Nederlands (Dutch)
aangrenzend, gelijk in omvang/duur/ betekenis

Français (French)
adj. - qui a une frontière commune, contigu à, limitrophe

Deutsch (German)
adj. - übereinstimmend, angrenzend

Ελληνική (Greek)
adj. - γειτονικός, όμορος

Italiano (Italian)
contiguo

Português (Portuguese)
adj. - adjacente

Русский (Russian)
граничащий

Español (Spanish)
adj. - limítrofe

Svenska (Swedish)
adj. - som har gemensam gräns med, som sammanfaller

中文(简体)(Chinese (Simplified))
相接的, 有同一延伸的, 连接的

中文(繁體)(Chinese (Traditional))
adj. - 相接的, 有同一延伸的, 連接的

한국어 (Korean)
adj. - 인접한, 동일 연장의

日本語 (Japanese)
adj. - 隣接する, 同一限界の, 同一延長の

العربيه (Arabic)
‏(صفه) بحدود مشتركه, متلاقي الأطراف‏

עברית (Hebrew)
adj. - ‮מקיף באותה מידה מבחינת מרחב, זמן או משמעות, גובל‬


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