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单词 option mortgage
释义

Definition of option mortgage in English:

option mortgage

noun
British
  • A mortgage for which (until 1983) a subsidy on interest payments could be claimed in place of tax relief on repayments.

Origin

1960s; earliest use found in The New Statesman.

Definition of option mortgage in US English:

option mortgage

noun
British
  • A mortgage for which (until 1983) a subsidy on interest payments could be claimed in place of tax relief on repayments.

Origin

1960s; earliest use found in The New Statesman.

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