pay off properties?

niceprincess | 11:41 Sat 05th Nov 2005 | Phrases & Sayings

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What does it mean 'pay off properties'?

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BigMac

Not sure what the question is really after, but here are two ideas:

1. To repay a mortgage on a property

2. To describe the end-product/outcomes of a process, e.g. this extract is taken from a press release (I think) on www.manufacturingtalk.com - "Morgan Construction Company has received a contract from Thamesteel, UK, for a coil handling and compacting system... 'Thamesteel,' Lidgate added, 'Will install the Ring Distributor to ensure a quality coil package and assured pay-off properties.' ..."

Hope this helps.

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