| 单词 | home reversion |
| 释义 | > as lemmashome reversion home reversion n. British Finance a type of equity release in which a person transfers part or all of the ownership of his or her home to a company in exchange for a lump sum, while retaining the right to continue living there. ΚΠ 1965 Times 8 Mar. 1/5 (advt.) Write Home Reversions Department, M.G.S. & Co. 1990 Which? Aug. 459/3 Home reversions. You sell all or part of your home to a specialist company, which agrees to pay you an income for the rest of your life. But there may be problems if you need to move later. 2004 A. Vice 7 Ways to beat Pension Crisis vi. 94 As we are all living longer, you can see why roll-up mortgages and home reversion schemes favour the over 70s. < as lemmas |
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