reverse mortgage
re·verse mort·gage
R r Transcription
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- US Pronunciation
- US IPA
-
- [ri-vurs mawr-gij]
- /rɪˈvɜrs ˈmɔr gɪdʒ/
-
- US Pronunciation
- US IPA
-
- [ri-vurs mawr-gij]
- /rɪˈvɜrs ˈmɔr gɪdʒ/
Definitions of reverse mortgage words
- noun reverse 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 reverse mortgage a loan typically given to an older person who owns a house, usually disbursed in monthly installments, and charged against the homeowner's equity 0
- noun reverse mortgage A reverse mortgage is a mortgage on a paid-off property that provides money to an older retired person, to be paid back when the property is sold or when the person dies. 0
Information block about the term
Parts of speech for Reverse mortgage
noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
reverse mortgage popularity
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.
reverse mortgage usage trend in Literature
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