Library / English Dictionary

    HOME EQUITY CREDIT

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    A loan secured by equity value in the borrower's homeplay

    Synonyms:

    equity credit line; home equity credit; home equity loan; home loan

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("home equity credit" is a kind of...):

    consumer credit (a line of credit extended for personal or household use)

    loan (the temporary provision of money (usually at interest))

    Credits


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