low-doc loan

短语

发音

AU

词形变化

low-doc loans 复数 low-doc loans

别名

low doc loan

释义与例句

n.
  1. 1.

    A loan or mortgage where the borrower provides only limited proof of their income.

    澳大利亚 美国 金融 商务

    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.

来源：wiktionary