straight mortgage

A mortgage in which the mortgagor is obligated to pay interest during the mortgage term along with a final payment of principal at the end of the term. Cf. amortized mortgage.

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词条贡献者

资深译员Pablo，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与上市公司代理有关的法律文件。