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
- Measle ‐ to infect with…
- Tersanctus ‐ noun; noun: a song of the early church hailing…
- Chicago Board of Trade ‐ noun: a major exchange in the United States that…
- Irremissive ‐ adjective: unremitting or…
- Mast cloth ‐ noun: a partial lining sewed to the back of a…
- Privity ‐ private or secret knowledge, as shared between…
- Shadow bands ‐ noun: slow-moving waves of light and dark observed…
- Dinothere ‐ any of a genus (Dinotherium, order Proboscidea)…
- Anabasis ‐ the unsuccessful military expedition (401-400…
- Honey bucket ‐ a bucket or container for human body waste, used…