growing equity mortgage

A mortgage that is fully amortized over a significantly shorter term than the traditional 25- to 30-year mortgage, with increasing payments each year. — Abbr. GEM.

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词条贡献者

资深译员Sheldon，毕业于亚洲顶尖的高级翻译学院，擅长翻译有关零售和消费品领域的法律文件。