Meaning Of The Word Endowment mortgage
What's the definition of Endowment mortgage? Find Endowment mortgage meanings, definitions and more at the Real Dictionary online.
Endowment mortgage Meaning
| Endowment mortgage Definition |
|---|
What's The Definition Of Endowment mortgage?
endowment mortgage in British English
noun: an arrangement whereby a person takes out a mortgage and pays the capital repayment instalments into a life assurance policy and only the interest to the mortgagee during the term of the policy. The loan is repaid by the policy either when it matures or o endowment mortgage in Insurance noun: An endowment mortgage is a mortgage in which repayments are paid into a life insurance policy, and the loan is repaid by the policy either when it matures or when the policyholder dies. |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- Craniopagus ‐ noun: the condition of conjoined twins joined…
- Tana ‐ river in E Kenya, flowing southeast into the Indian…
- (at) full pelt ‐ at…
- Vivisectionist ‐ a person who practices vivisection; noun: a person…
- Lesbos ‐ Greek island in the Aegean, off the coast of Asia…
- Polyethnic ‐ adjective: inhabited by or consisting of people…
- Drop shipper ‐ noun: a wholesaler or distributor who conducts…
- Intimae ‐ noun: the innermost layer of an organ or part…
- Balboa ‐ ˈ Vasˈco Núñez de (ˈvɑskɔˈnunjɛθ ðɛ…
- Dolichocranic ‐ adjective