reverse mortgage

English

Noun

reverse mortgage (plural reverse mortgages)

(finance) An agreement under which money is borrowed using one's home as collateral, to be repaid from the proceeds of its sale (usually on the owner's death).

Translations

agreement

Chinese:
Mandarin: 反向抵押貸款／反向抵押贷款 (fǎnxiàng dǐyā dàikuǎn)
Finnish: käänteinen asuntolaina
German: Immobilienverrentung f
Hungarian: jelzálogjáradék
Russian: please add this translation if you can

This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.