(BrE) a type of MORTGAGE (= money borrowed to buy property) in which money is regularly paid into an endowment policy. At the end of a particular period of time this money is then used to pay back the money that was borrowed
compareREPAYMENTMORTGAGE
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About this entry
This is a English–English dictionary entry.
Sourced from Main Dictionary in Lughet's collection.
Where does this definition of endowment mortgage come from?
This entry for endowment mortgage is sourced from Main Dictionary, one of the dictionaries and corpora merged into Lughet.
Is endowment mortgage a noun, verb, or something else?
In this entry, endowment mortgage is tagged as noun.
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