endowment mortgage
noun /ɪnˈdaʊmənt mɔːɡɪdʒ/
/ɪnˈdaʊmənt mɔːrɡɪdʒ/
(British English)- a type of mortgage (= money borrowed to buy property) in which money is regularly paid into an endowment policy. At the end of a particular period of time this money is then used to pay back the money that was borrowed.
compare repayment mortgage定期人寿保险按揭;两全人寿保险按揭