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Meaning of tracker mortgage | Babel Free

Noun CEFR B2

Definitions

A variable-rate mortgage where the amount of interest paid on the loan is linked to the Bank of England's base rate by a fixed differential.

UK

CEFR level

B2

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

See also

trackerphone Trackers trackhoe trackhound trackie trackie bottoms