Dictionary
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| o·pen-end mort·gage (plural o·pen-end mort·gag·es) |
noun |
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| Definition: |
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mortgage permitting further borrowing: a mortgage that allows additional borrowing up to the original amount
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| Encarta® World English Dictionary [North American Edition] © & (P)2007 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc. |
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