reverse annuity mortgage

re·verse an·nu·i·ty mort·gage

R r

- US Pronunciation
- US IPA
- [ri-vurs uh-noo-i-tee, uh-nyoo- mawr-gij]
- /rɪˈvɜrs əˈnu ɪ ti, əˈnyu- ˈmɔr gɪdʒ/

- US Pronunciation
- US IPA
- [ri-vurs uh-noo-i-tee, uh-nyoo- mawr-gij]
- /rɪˈvɜrs əˈnu ɪ ti, əˈnyu- ˈmɔr gɪdʒ/

Definition of reverse annuity mortgage words

noun reverse annuity mortgage a type of home mortgage under which an elderly homeowner is allowed a long-term loan in the form of monthly payments against his or her paid-off equity as collateral, repayable when the home is eventually sold. Abbreviation: RAM. 1

noun

adjective

verb

adverb

pronoun

preposition

conjunction

determiner

exclamation

This term is known only to a narrow circle of people with rare knowledge. Only 1% of English native speakers know the meaning of this word.

According to our data most of word are more popular. This word is almost not used. It has a much more popular synonym.

This diagram is provided by Google Ngram Viewer

Was this page helpful?

Yes No

Thank you for your feedback! Tell your friends about this page

Tell us why?