Audio English.net » Dictionary » E » Equinoctial Circle ... Erato

EQUITY CREDIT LINE

Pronunciation (US):

Dictionary entry overview: What does equity credit line mean?

• EQUITY CREDIT LINE (noun)
The noun EQUITY CREDIT LINE has 1 sense:

1. a loan secured by equity value in the borrower's home

Familiarity information: EQUITY CREDIT LINE used as a noun is very rare.

Dictionary entry details

• EQUITY CREDIT LINE (noun)

Sense 1

equity credit line ^{[BACK TO TOP]}

Meaning:

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

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

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

Hypernyms ("equity credit line" 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))

Learn English with... Proverbs of the week

"Don't mend what ain't broken." (English proverb)

"Smart bird gets trapped in its beak." (Azerbaijani proverb)

"The rope of lies is short." (Arabic proverb)

"A goose’s child is a swimmer." (Egyptian proverb)

Related FAQs:

» EQUITY

Page delivered in 0.0299 seconds