单词 | OFFSET MORTGAGE |
释义 | A flexible mortagage whose net balance is the difference between the mortgage holder’s credit balance and mortgage balance. By linking the mortgage and credit accounts, the homeowner will see a fall in interest. The interest is calculated on the net balance and not the mortgage amount. This type of mortgage is also called current account mortgage (CAM). |
随便看 |
|
法律词典收录了41026条英汉双解法律词条,基本涵盖了常用法律英语单词及短语词组的翻译及用法,是法律学习的有利工具。