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单词
growing-equity mortgage
释义
WordReference Random House Unabridged Dictionary of American English © 2024
grow
′
ing-eq
′
ui•ty mort′gage
(grō
′
ing ek
′
wi tē),
USA pronunciation
Banking, Business
a type of mortgage under which the interest rate is fixed but monthly payments increase annually to include more of the principal, so that the mortgage can be paid off in about half the conventional term.
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更新时间:2024/9/20 12:32:16