Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “mortgage indemnity insurance”

mortgage indemnity insurance

noun [U]     UK INSURANCE
a type of insurance that protects a financial organization against loss if someone is unable to pay back their mortgage : Loans above 75 per cent involve mortgage indemnity insurance . → Compare mortgage protection insurance
(Definition of mortgage indemnity insurance noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of mortgage indemnity insurance

Word of the Day


to mix eggs with a little milk and mix again as they are being fried

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More