low-doc loan
名词 n.
英文释义
名词 n.
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A loan or mortgage where the borrower provides only limited proof of their income.
— 2006, The Bulletin, Issues 6536-6544, page 61, “You can see it here in mortgages. Low-doc loans used to carry at least 1% or more of risk premium. As everybody [piled] in, that has been driven down to half a percent. These people do not have a verifiable income, and yet you can only expect them to be charged half a percent more on the interest rate.”
词源
From low + doc + loan.
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数据来源: Wiktionary