REPAYMENT MORTGAGE


Meaning of REPAYMENT MORTGAGE in English

noun

( BrE ) a type of mortgage in which you pay regular sums of money to the bank, etc. until you have returned all the money and interest that you owe

—compare endowment mortgage

Oxford Advanced Learner's English Dictionary.      Оксфордский английский словарь для изучающик язык на продвинутом уровне.