a mortgage in which the borrower repays the capital and interest together in regular instalments over a fixed period.
| 单词 | θ993186 |
| 释义 | society > trade and finance > financial dealings > moneylending > [noun] > loan > on security > mortgage > type of (5) repayment mortgage1933 a mortgage in which the borrower repays the capital and interest together in regular instalments over a fixed period. endowment mortgage1965 attributive and in other combinations: (sense 2) endowment assurance n., endowment insurance a form of life insurance providing for the payment… option mortgage1966 a mortgage for which (until 1983) a subsidy on interest payments could be claimed in place of tax relief on repayments. shared equity mortgage1974 a type of mortgage scheme in which the government, a housing association, or some other provider lends a portion of the down payment in exchange for… shared appreciation mortgage1976 (as a modifier) designating a type of mortgage in which the lender receives a portion of any increase in value of the property when it is sold… |
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