Welcome to AbacusMoney.com

click on the relavent letters to find out what words mean

  • u
  • v
  • w
  • x
  • y
  • z

Abacus-money Jargon



You can under pay up to any previous over payments. You can pay less than your normal monthly mortgage payments for a limited period, but you have to build up a fund of overpayments first. This facility is only available with certain mortgages.


A property that has no loans or borrowings secured on it.