endowment mortgages
endowment mortgages is the plural of endowment mortgage.
Meaning of endowment mortgage
Noun
endowment mortgage (plural endowment mortgages)
- A type of mortgage (typically a loan to buy a house) where, over the term of the loan, the borrower's regular payments to the lender cover only the interest charged by the lender. At the same time, the borrower makes regular payments into a separate savings or investment plan. When this plan matures, the borrower uses the proceeds to repay the principal of the loan.
Questions about endowment mortgages
- What is endowment mortgages the plural of?
- Endowment mortgages is the plural of endowment mortgage.
Words near endowment mortgages in the dictionary
Source and license
Adapted from Wiktionary: endowment mortgages (page history and authors); endowment mortgage (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “endowment mortgages.” Word.ws, https://word.ws/endowment_mortgages. Based on Wiktionary, CC BY-SA 4.0.
