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Từ vựng:

mortgage insurance

Giải nghĩa:

/mɔrɡɪdʒ ɪnˈʃʊrəns/ – Phrase


Definition: Bảo hiểm thế chấp

A more thorough explanation: insurance that allows mortgage lenders to recover part of their financial losses if a borrower defaults on a loan (=fails to pay the loan in full)

Example: A new report recommends that lenders provide cheaper mortgage insurance.

 

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