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
- Incorp ‐ incorporated
- Proct- ‐ combining form: indicating the anus or rectum…
- Green-eyed monster ‐ noun: jealousy
- Stereoregularity ‐ noun: the degree to which successive configurations…
- Encaustic tile ‐ noun: a tile produced using the encaustic…
- Empowering ‐ adjective: having qualities that give a person…
- Alack ‐ used to express regret, surprise, dismay, etc…
- Thicket ‐ a thick growth of shrubs, underbrush, or small…
- Outcropped ‐ noun: part of a rock formation or mineral vein…
- Solid fuel ‐ any of various rocket fuels and oxidizers that…