Reverse mortgage

Definition

A mortgage agreement allowing a homeowner to borrow against home equity and receive tax-free payments until the total principal and interest reach the credit limit of equity, and the lender is either repaid in full or takes the house.

Nearby Terms

Reverse leverage Reverse leveraged buyout Reverse mortgage Reverse price risk Reverse repo

Getting Started In Stocks
Investopedia
The NASDAQ Dozen
Learning Markets
The 10 Commandments Of Investing
Investopedia
The Lowdown On Penny Stocks
Investopedia
10 Things To consider Before Selecting An Online Broker
Investopedia
Start Investing With Only $1,000
Investopedia

Term of the Day

RSS

Market check
An investigation typically conducted by an investment banking firm, on behalf of a target's Board of Directors (or Special Committee) as part of a process to determine whether a proposed price for... Read More

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Reverse mortgage

Definition

Nearby Terms

Investing Essentials

Term of the Day

Edit Favorites

Please confirm your selection: