Dictionary.com

pension mortgage

Save This Word!

noun
an arrangement whereby a person takes out a mortgage and pays the capital repayment instalments into a pension fund and the interest to the mortgagee. The loan is repaid out of the tax-free lump sum proceeds of the pension plan on the borrower's retirement
QUIZ
CUDDLE UP! A COZY QUIZ ON FALL WORDS HAS ARRIVED
If autumn is your ideal season, spice up your repertoire of "fall" vocabulary with this quiz on some warm and vivid descriptive words for the season.
Question 1 of 10
Which of the following words means “to make a crackling sound; crackle”?
Meet Grammar CoachWrite or paste your essay, email, or story into Grammar Coach and get grammar helpImprove Your Writing
Meet Grammar CoachImprove Your Writing
Write or paste your essay, email, or story into Grammar Coach and get grammar help
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

How to use pension mortgage in a sentence

FEEDBACK