英语词汇“skip payment clause”的翻译、意思、用法、释义-英汉经管词典

单词	skip payment clause
释义	skip payment clause Definition Provision in some mortgage agreements whereby the borrower (mortgagor) is allowed to omit one or more payments against (1) sums paid in excess of monthly installment, or (2) against an advance notice of omission, without affecting interest accumulation and total principal payable. Also called skip payment privilege.
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