Meaning Of The Word Reverse mortgage
What's the definition of Reverse mortgage? Find Reverse mortgage meanings, definitions and more at the Real Dictionary online.
Reverse mortgage Meaning
| Reverse mortgage Definition |
|---|
What's The Definition Of Reverse mortgage?
reverse mortgage in American English
a loan typically given to an older person who owns a house, usually disbursed in monthly installments, and charged against the homeowner's equity noun noun: A reverse mortgage is a mortgage on a paid-off property that provides money to an older retired person, to be paid back when the property is sold or when the person 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
- Santoríni ‐ noun; noun: a Greek island in the Aegean Sea…
- Malformation ‐ faulty, irregular, or abnormal formation or structure…
- Lookout post ‐ noun: a place from which a guard or sentry can…
- Glacialist ‐ a student of glaciers and their action; noun:…
- Drop elbow ‐ noun: an elbow having lugs for attaching it to…
- Generic drug ‐ noun: a…
- Power of the keys ‐ the authority of a pope in ecclesiastical matters…
- Cheeseburger ‐ a hamburger with a slice of cheese melted onto…
- Infectious keratitis ‐ noun
- Vocal Memnon ‐ noun: one of the two seated figures of the Colossus…