borrowed on a mortgage
41open-end mortgage — a mortgage agreement against which new sums of money may be borrowed under certain conditions. * * * …
42reverse mortgage — noun An agreement under which money is borrowed to be repaid only when the borrower sells their home or dies or moves …
43Temple Beth Israel (Niagara Falls, New York) — Infobox religious building building name =Beth Israel infobox width =325px image size = caption = map type = map size = map caption = location =905 College Avenue, Niagara Falls, New York, flag|United States geo = latitude = longitude = religious …
44mortgages — Houses are expensive to buy and few people have enough money of their own. Most people have to take out a mortgage, a type of loan. In Britain people usually get a mortgage from a bank or a building society; in the US they get one from a bank or… …
45endowment policy — UK / US noun [countable] Word forms endowment policy : singular endowment policy plural endowment policies a type of insurance policy that you pay money to for an agreed period. At the end of this time, the money that you have invested is used… …
46negative equity — UK / US noun [uncountable] a situation in which your house has lost value and is now worth less money than the amount that you have borrowed as a mortgage …
47annual rest system — /ˌænjuəl rest ˌsɪstəm/ noun a system by which extra payments or overpayments made to reduce the amount borrowed on a mortgage are credited to the account only once a year …
48overpay — /ˌəυvə peɪ/ verb 1. to pay too much to someone or for something ● We overpaid the invoice by $245. 2. to pay an extra amount to reduce the total capital borrowed on a mortgage …
49overpayment — /ˌəυvə peɪmənt/ noun 1. an act of paying too much 2. the payment of a lump sum to reduce the capital borrowed on a mortgage …
50endowment policy — UK US noun [countable] [singular endowment policy plural endowment policies] a type of insurance policy that you pay money to for an agreed period. At the end of this time, the money that you have invested is used for paying a large amount of… …
