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mortgage bond

noun
🔊/ˈmɔːɡɪdʒ bɒnd/
🔊/ˈmɔːrɡɪdʒ bɑːnd/
(also bond)
(South African English)
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  1. a legal agreement by which a bank lends you money to buy a house, etc. which you pay back over many years; the sum of money that is lent按揭贷款协议；按揭贷款Topics Moneyc2, Houses and homesc2