Is a low, short-term interest rate that is offered on a mortgage to entice the borrower to purchase a home. Found on http://www.encyclo.co.uk/local/20965
A low rate of interest, for example on a mortgage, loan, credit card, etc., which is below the going market rate and available for only a short period of time in order to attract borrowers Found on http://www.encyclo.co.uk/local/22643