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  1. pension mortgage

    • n.
      a mortgage in which the borrower repays interest only and also contributes to a pension plan designed to provide an eventual tax-free lump sum, part of which is used to repay the capital at the end of the mortgage period and the rest to provide a pension for the borrower's retirement.
    • noun: pension mortgage, plural noun: pension mortgages

  2. 知識+

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