LUCERN(E)

\lˈuːsɜːn ˈiː], \lˈuːsɜːn ˈiː], \l_ˈuː_s_ɜː_n__ ˈiː]\
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1919 - The concise Oxford dictionary of current English
By Sir Augustus Henry

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fixed rate

  • Interst that doesn't change over the loan life.
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