PMI Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “PMI” in the English Dictionary

"PMI" in Business English

See all translations


uk   us  
[U] INSURANCE abbreviation for Private Medical Insurance: ​medicalinsurance that you ​pay to use, rather than using the ​publichealthsystem: PMI ​means that if you suffer an ​acute illness you can get ​treatment at a ​time and ​place that ​suit you.
[S] ECONOMICS abbreviation for Purchasing Managers' index
[U] INSURANCE US abbreviation for Private Mortgage Insurance: a ​type of ​insurance in the US that is ​paid by someone ​borrowingmoney to ​buy a ​house. The ​insuranceprotects the lender against a ​fall in the ​value of the ​house if the ​borrower cannot ​pay back the ​loan: A $500,000 ​mortgage may come with a monthly PMI ​bill of $250.
(Definition of PMI from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of PMI?
Add Cambridge dictionaries to your browser to your website
Word of the Day

having male and female students being taught together in the same school or college rather than separately

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

hyperpalatable adjective
hyperpalatable adjective
August 24, 2015
describes food with heightened levels of sugar and salt, intended to be extremely appealing In Brazil, where the prevalence of overweight and obese adults has doubled since 1980, crisps, biscuits, energy bars and sugary drinks formulated to be ‘hyper-palatable’ are much more widely eaten than previously.

Read More