| / English Dictionary |
EQUITY CREDIT LINE
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A loan secured by equity value in the borrower's home
Synonyms:
equity credit line; home equity credit; home equity loan; home loan
Classified under:
Nouns denoting possession and transfer of possession
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))
YOU MAY ALSO LIKE
