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Meaning of reverse mortgage | Babel Free

Noun CEFR B2

Definitions

An agreement under which money is borrowed using one's home as collateral, to be repaid from the proceeds of its sale (usually on the owner's death).

Equivalents

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

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