installment mortgage

noun

: a mortgage in which the sum loaned is to be repaid in installments over a period of time

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Dictionary Entries Near installment mortgage

Cite this Entry

“Installment mortgage.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/installment%20mortgage. Accessed 29 Mar. 2023.

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