Definition of “the CML” - English Dictionary

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“the CML” in Business English

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the CMLnoun

uk us PROPERTY, FINANCE

abbreviation for Council of Mortgage Lenders: a professional organization in the UK for lenders and others involved in loans to buy houses:

The CML said the average variable rate on new loans in May was 5.53%.

(Definition of “the CML” from the Cambridge Business English Dictionary © Cambridge University Press)