Translation of "endowment mortgage" - English-Traditional Chinese dictionary

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endowment mortgagenoun [ C ]

uk /ɪnˌdaʊ.mənt ˈmɔː.ɡɪdʒ/ us /ɪnˌdaʊ.mənt ˈmɔːr.ɡɪdʒ/

an arrangement in which you have an endowment policy that provides the money you need in order to buy a house


(Translation of “endowment mortgage” from the Cambridge English-Chinese (Traditional) Dictionary © Cambridge University Press)