Super Finance Glossary

Finance

Over 10,000 financial glossary terms...

Browse by Letter: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Or Enter Search Term: By Author:
 Search Tips

GEM (growing Equity Mortgage)

GEM (growing Equity Mortgage)
Definition: Mortgage in which annual increases in monthly payments are used to reduce outstanding principal and to shorten the term of the loan.