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open-end mortgage
o·pen-end mort·gage (plural o·pen-end mort·gag·es)


noun 
Definition:
 
mortgage permitting further borrowing: a mortgage that allows additional borrowing up to the original amount
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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