designating a mortgage or other loan having an interest rate which remains at a set level for a specified period; of or relating to such a loan; cf…
| 单词 | θ221297 |
| 释义 | society > trade and finance > management of money > insolvency > indebtedness > [adjective] > encumbered or with dues undischarged > types of mortgage (2) fixed-rate1958 designating a mortgage or other loan having an interest rate which remains at a set level for a specified period; of or relating to such a loan; cf… wraparound1968 U.S. Finance. Used with reference to (a) a mortgage which continues when the mortgaged property is sold, the repayments to the original lender… |
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