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Growing equity mortgage (gem)
| Глоссарий экономических терминов |
Mortgage with a fixed interest rate and payments that increase throughout the term of the mortgage.
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Throughout, английский
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Concentration services, английский
Movement of cash from different lockbox locations into a single concentration account from which disbursements and investments are made.
Self-amortizing mortgage, английский
Mortgage whose entire principal is paid off in a specified period of time with regular interest and principal payments.
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