The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CARRYBACK Definition & Legal Meaning

Definition & Citations:

A carryback loan, also known as a seller carryback or seller’s second, is a loan which is financed by the seller of a property. Normally this aids in the completion of the sale of the property. It could also refer to the part of the purchase price the seller is able and willing to finance.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.