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HOME EQUITY LOAN

Pronunciation (US):

Dictionary entry overview: What does home equity loan mean?

• HOME EQUITY LOAN (noun)
The noun HOME EQUITY LOAN has 1 sense:

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

Familiarity information: HOME EQUITY LOAN used as a noun is very rare.

Dictionary entry details

• HOME EQUITY LOAN (noun)

Sense 1

home equity loan ^{[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 ("home equity loan" 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))

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Related FAQs:

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