Mortgage Term

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Definition: Mortgage Term

Mortgage Term
Cite Term
Sources

Full Definition of Mortgage Term

The amount of time in which the borrower must repay the mortgage loan. This is generally 15 or 30 years, depending on the loan.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/mortgage-term/
Modern Language Association (MLA):
Mortgage Term. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/mortgage-term/.
Chicago Manual of Style (CMS):
Mortgage Term. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/mortgage-term/ (accessed: April 20, 2024).
American Psychological Association (APA):
Mortgage Term. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/mortgage-term/

Definition Sources

Definitions for Mortgage Term are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.