1, chattel mortgage refers to chattel as mortgage and pledge;

2. Real estate mortgage refers to the mortgage set with real estate as collateral;

3. Mortgage of rights refers to mortgage with various property rights as collateral as stipulated by law;

4. Maximum mortgage means that the mortgagor and the mortgagee agree to guarantee the creditor's rights that occur continuously for a certain period of time with collateral within the maximum amount.

legal ground

Article 394 of the Civil Code

In order to ensure the performance of the debt, if the debtor or a third party mortgages the property to the creditor without transferring the possession of the property, if the debtor fails to perform the due debt or realize the mortgage according to the agreement of the parties, the creditor has the right to be compensated in priority for the property.

The debtor or the third party specified in the preceding paragraph is the mortgagor, the creditor is the mortgagee, and the property that provides guarantee is the mortgaged property.