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
- Projection TV ‐ a system made up of lenses, mirrors, and a cathode-ray…
- Infusionism ‐ the doctrine that the preexisting human soul enters…
- Storyteller ‐ a person who narrates stories; countable noun:…
- Arse around ‐ If you say that someone is arsing around or arsing…
- Perforce ‐ by or through necessity; necessarily; Perforce…
- Absolute configuration ‐ noun: the spatial arrangement of atoms or groups…
- Animal cracker ‐ a small cookie shaped like any of various animals…
- Navar ‐ noun: a system of air navigation in which a ground…
- The Beaver State ‐ a nickname for the state…
- Dardanelles ‐ strait joining the Sea of Marmara and the Aegean…