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单词 repayment mortgage
释义

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repayment mortgage
repayment mortgage n. Finance (chiefly British) a mortgage in which the borrower repays the capital and interest together in regular instalments over a fixed period.
ΘΚΠ
society > trade and finance > financial dealings > moneylending > [noun] > loan > on security > mortgage > type of
repayment mortgage1933
endowment mortgage1965
option mortgage1966
shared equity mortgage1974
shared appreciation mortgage1976
1933 Times 24 May 30/7 (advt.) Permanent and repayment mortgages at 5 per cent. per. ann.
1974 Listener 24 Jan. 98/3 A building society prefers its borrowers..to stick to the simple repayment mortgage: paying back the advance over a period by monthly instalments of capital and interest combined.
2007 Independent 10 Feb. (Save & Spend section) 3/6 I dare say relatively few people are aware that in a typical repayment mortgage, each payment..is not due until the end of the ‘rest period’, be it day, month or year.
extracted from repaymentn.
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更新时间:2024/12/25 11:15:20