gpm

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Related to Graduated Payment Mortgage: Growing Equity Mortgage

gpm

abbr.
gallons per minute
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

gpm

or GPM or g.p.m.,

gallons per minute.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
References in periodicals archive ?
As interest rates rose in the late 1970s and early 1980s, mortgage lenders offered such new products as adjustable-rate mortgages (ARMs) and graduated payment mortgages (GPMs), with deeply discounted initial rates and negative amortization.
The menu of mortgage types now includes variable rate mortgages, in particular, adjustable rate mortgages (ARMs), negative amortization mortgages, biweekly payment mortgages, graduated payment mortgages (GPMs) and growing equity mortgages (GEMs), to name just a few.
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