TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PROLONGER DUREE CONTRAT [1 record]

Record 1 1989-06-12

English

Subject field(s)
  • Loans
  • Real Estate
DEF

A mortgage under which the borrower has the right, during the first two years of the contract, to reset the interest rate to the current level and extend the term for five years.

French

Domaine(s)
  • Prêts et emprunts
  • Immobilier
DEF

Prêt hypothécaire qui permet à l'emprunteur, au cours des deux premières années du contrat, de rajuster le taux d’intérêt au niveau courant et de prolonger de cinq ans la durée du prêt.

Spanish

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