follow Dictionary.com

Know how to use "fewer" and "less"? Find out.

reverse annuity mortgage

noun
1.
a type of home mortgage under which an elderly homeowner is allowed a long-term loan in the form of monthly payments against his or her paid-off equity as collateral, repayable when the home is eventually sold.
Abbreviation: RAM.
Also called equity conversion, reverse mortgage.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
Cite This Source
Contemporary definitions for re verse mortgage
noun
Dictionary.com's 21st Century Lexicon
Copyright © 2003-2014 Dictionary.com, LLC
Cite This Source

Word of the Day

Difficulty index for reverse annuity mortgage

Few English speakers likely know this word

Word Value for re

2
2
Scrabble Words With Friends

Nearby words for re verse mortgage