Definition of repayment mortgage in English:

repayment mortgage

Line breaks: re¦pay|ment mort|gage

Entry from British & World English dictionary


A mortgage in which the borrower repays the capital and interest together in fixed instalments over a fixed period.

Definition of repayment mortgage in:

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Word of the day dissonant
Pronunciation: ˈdɪs(ə)nənt
lacking harmony