repayment mortgage en · NOUN
Meanings
- A type of mortgage (typically a loan to buy a house) in which, over the term of the loan, the borrower gradually repays the loan principal, in addition to paying interest, so that at the end of the term the principal is wholly repaid.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| repayment mortgages | Number=Plur | lexicographic |