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Từ vựng:

endowment

Giải nghĩa:

/ɪnˈdaʊmənt/ – noun


Definition: Quyền sở hữu, quyền tài sản được quyên góp cho một tổ chức hoặc cá nhân.

A more thorough explanation: an endowment mortgage is an endowment policy attached to a mortgage to provide money to pay for a house. A person with an endowment mortgage pays the mortgage interest plus money towards the endowment policy every month, but does not pay off any of the loan until the endowment policy matures.

Example: More than half of endowment mortgage policies are showing shortfalls.

 

 
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