access bond, noun phrase
A home loan which permits borrowers to withdraw extra capital paid into their bond account over and above the required monthly installments.
2001 I. Minton in True Love Sept. 144If it truly is an emergency, rather take the money from your
access bond.
2016 citizen.co.za (DSAE Corpus)[T]his can be a good option for home owners who can use money from an access bond to pay off expensive, high-interest debt.
A home loan which permits borrowers to withdraw extra capital paid into their bond account over and above the required monthly installments.
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