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Meaning of “the CML” in the English Dictionary

"the CML" in Business English

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the CMLnoun

uk   us   PROPERTY, FINANCE
abbreviation for Council of Mortgage Lenders: a ​professionalorganization in the UK for ​lenders and others involved in ​loans to ​buyhouses: The CML said the ​averagevariablerate on new ​loans in May was 5.53%.
(Definition of the CML from the Cambridge Business English Dictionary © Cambridge University Press)
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