单词 | pension mortgage |
释义 | pension mortgagenounan arrangement whereby a person takes out a mortgage and pays the capital repayment instalments into a pension fund and the interest to the mortgagee. The loan is repaid out of the tax-free lump sum proceeds of the pension plan on the borrower's retirement Words nearby pension mortgagepension, pensionary, pensioneer trustee, pensioner, pension fund, pension mortgage, pension off, pension plan, pensive, penstemon, penstock Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012 |
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