Solutions are homogeneous (single-phase) mixtures of two or more components. They are ex- tremely important in Chemistry because they allow intimate and varied encounters between
DEFINITION of 'Endowment Loan'. A type of mortgage in which the borrower makes only interest payments on the mortgage, while payments that would have gone to repay the principal are instead funneled into an endowment fund. Under an endowment loan, the borrower does not repay the principal until the mortgage expires. type of mortgage in which the borrower makes only interest payments on the mortgage, while payments that would have gone to repay the principal are instead funneled into an endowment fund.
An Endowment Mortgage is a type of interest-only loan. With a repayment mortgage (also known as a capital and interest loan) each monthly payment includes part of the capital the original amount you borrowed as well as the interest owed for that period.This ensures everything is paid off at the end of the mortgage term.With an interest-only mortgage, you are repaying just the interest and need some other way of clearing the remaining debt. thatâs where the endowment part of this package comes in.his ensures everything is paid off at the end of the mortgage term. With an interest-only mortgage, you are repaying just the interest and need some other way of clearing the remaining debt. thatâs where the endowment part of this package comes in.