endowment-linked mortgage Englisch

Bedeutung endowment-linked mortgage Bedeutung

Was beudeutet auf Englisch endowment-linked mortgage?

endowment-linked mortgage noun

— A special mortgage where the borrower only pays back the interest charged by the lender. Therefore the outstanding balance does not decrease as it does with a standard loan.

Suchen Sie vielleicht...?

endowment | linked | mortgage