take out a mortgage
121lift — I. noun Etymology: Middle English, from Old English lyft Date: before 12th century chiefly Scottish heavens, sky II. verb Etymology: Middle English, from Old Norse lypta; akin to Old English lyft air more at loft Date: 14th century …
122Implied Call — A right given to mortgage borrowers that allows them to call or pay back a loan at any time. The call is implied, as it is included in most mortgages unless specified otherwise. The implied call allows a borrower to refinance a mortgage when… …
123endowment — Funds or property that are donated with either a temporary or permanent restriction as to the use of principal. American Banker Glossary Gift of money or property to a specified institution for a specified purpose. Bloomberg Financial Dictionary… …
124home loan — ➔ loan1 * * * home loan UK US noun [C] ► FINANCE, PROPERTY a loan that you get to buy a home: take out a home loan »More and more people are taking out fixed rate home loans. → See also MORTGAGE( …
125churning — 1) The practice by a broker of encouraging an investor to change investments frequently in order to earn excessive commissions. 2) The practice by a bank, building society, insurance broker, etc. , of encouraging a householder with an endowment… …
126Dip — Dip, v. t. [imp. & p. p. {Dipped}or {Dipt} (?); p. pr. & vb. n. {Dipping}.] [OE. dippen, duppen, AS. dyppan; akin to Dan. dyppe, Sw. doppa, and to AS. d?pan to baptize, OS. d?pian, D. doopen, G. taufen, Sw. d[ o]pa, Goth. daupjan, Lith. dubus… …
127Dipped — Dip Dip, v. t. [imp. & p. p. {Dipped}or {Dipt} (?); p. pr. & vb. n. {Dipping}.] [OE. dippen, duppen, AS. dyppan; akin to Dan. dyppe, Sw. doppa, and to AS. d?pan to baptize, OS. d?pian, D. doopen, G. taufen, Sw. d[ o]pa, Goth. daupjan, Lith. dubus …
128Dipped candle — Dip Dip, v. t. [imp. & p. p. {Dipped}or {Dipt} (?); p. pr. & vb. n. {Dipping}.] [OE. dippen, duppen, AS. dyppan; akin to Dan. dyppe, Sw. doppa, and to AS. d?pan to baptize, OS. d?pian, D. doopen, G. taufen, Sw. d[ o]pa, Goth. daupjan, Lith. dubus …
