Dictionary of banking and finance. 2015.
repayment mortgage — ► NOUN ▪ a mortgage in which the borrower repays the capital and interest together in fixed instalments over a fixed period … English terms dictionary
repayment mortgage — A mortgage where you pay off both the capital and interest each month until you ve completely repaid the loan at the end of the pre agreed term. * * * repayment mortgage repayment mortgage ➔ mortgage1 * * * repayment mortgage UK US noun [C]… … Financial and business terms
Repayment mortgage — A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued interest. The mortgage statement, usually received annually,… … Wikipedia
repayment mortgage — reˈpayment mortgage [repayment mortgage] noun (BrE) a type of ↑mortgage in which you pay regular sums of money to the bank, etc. until you have returned all the money and interest that you owe compare ↑ … Useful english dictionary
repayment mortgage — noun Brit. a mortgage in which the borrower repays the capital and interest together in fixed instalments over a fixed period … English new terms dictionary
Continuous-repayment mortgage — Analogous to continuous compounding, a continuous annuity[1][2] is an ordinary annuity in which the payment interval is narrowed indefinitely. A (theoretical) continuous repayment mortgage is a mortgage loan paid by means of a continuous annuity … Wikipedia
Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets … Wikipedia
Mortgage life insurance — is a form of insurance specifically designed to protect a repayment mortgage. If the policyholder were to die while the mortgage life insurance was in force, the policy would pay out a capital sum that will be just sufficient to repay the… … Wikipedia
mortgage — the transfer of right of ownership of a property from a debtor to a creditor as security for a debt, with the proviso that once the debt is paid ownership is transferred back. Glossary of Business Terms (1) noun A legal instrument that creates a… … Financial and business terms
Mortgage — A loan secured by the collateral of some specified real estate property which obliges the borrower to make a predetermined series of payments. The New York Times Financial Glossary * * * ▪ I. mortgage mort‧gage 1 [ˈmɔːgɪdʒ ǁ ˈmɔːr ] noun… … Financial and business terms
