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单词 renegotiable-rate mortgage
释义

WordReference Random House Unabridged Dictionary of American English © 2024
re•ne•goti•a•ble-rate mortgage  (rē′ni gōshē ə bəl rāt′, -shə bəl-),USA pronunciation 
  1. Banking, Businessa type of home mortgage for which monthly payments stay constant for a term, usually of three to five years, and the interest rate is renegotiated at the end of every such term until the loan is paid off. Abbr.: RRM  Also called rollover mortgage. 

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更新时间:2025/7/23 20:05:03