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endowment mortgage

noun
/ɪnˈdaʊmənt mɔːɡɪdʒ/
/ɪnˈdaʊmənt mɔːrɡɪdʒ/
(British English)
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  1. a type of mortgage (= money borrowed to buy property) in which money is regularly paid into an endowment policy. At the end of a particular period of time this money is then used to pay back the money that was borrowed.定期人寿保险按揭;两全人寿保险按揭 compare repayment mortgage

See also: endowment mortgage


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