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Definition of

access bond


S. African mortgage accepting capital against other loans in South Africa, a type of mortgage that permits borrowers to take out loans against extra capital paid into the account, home-loan interest rates being lower than interest rates on other forms of credit

Definitions of ’access bond’ and meaning of ’access bond’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’access bond’ and other financial terms with our online QFINANCE Financial Dictionary.

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