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单词 MIP
释义
  • Business

MIPnoun [ C ]

ukusPROPERTY

abbreviation for mortgage indemnity premium: a type of insurance in the UK that is paid by someone borrowing money to buy a house. The insurance protects the lender against a fall in the value of the house if the borrower cannot pay back the loan:

Most building societies insist on an MIP for loans over 90%.
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更新时间:2025/1/24 10:41:21