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Better Equity

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

The right which, In a court of equity, a second incumbrancer has who has taken securities against subsequent dealings to his prejudice, which a prior incumbrancer neglected to take, although he had an opportunity.

1 Chanc. Prec. 470, note; 4 Rawle (Pa.) 144. See 3 Bouv. Inst, note 2462.