词汇 | mip |
释义 | MIP noun[ C ] PROPERTYukus abbreviation for mortgage indemnity premium: a type of insurance in the UK that is paid by someone borrowing money to buy a house. The insurance protects the lender against a fall in the value of the house if the borrower cannot pay back the loan: Most building societies insist on an MIP for loans over 90%. Compare PMI |
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