Definition of endowment mortgage in English:

endowment mortgage

Line breaks: en¦dow|ment mort|gage

Entry from British & World English dictionary

noun

British
A mortgage linked to an endowment insurance policy which is intended to repay the capital sum on maturity.

Definition of endowment mortgage in:

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Word of the day animalcule
Pronunciation: ˌanəˈmalˌkyo͞ol
noun
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