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单词 growing-equity mortgage
释义

WordReference Random House Unabridged Dictionary of American English © 2024
growing-equi•ty mort′gage  (grōing ekwi tē),USA pronunciation 
  1. Banking, Businessa 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