English Dictionary |
HOME EQUITY LOAN
Pronunciation (US): | (GB): |
IPA (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
Sense 1
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))
Learn English with... Proverbs |
"The first step to health is to know that we are sick." (English proverb)
"The wolf has a thick neck, because he does his job on his own." (Bulgarian proverb)
"The secret to success is to walk forward." (Arabic proverb)
"Homes among homes and grapevines among grapevines." (Corsican proverb)
"The wolf has a thick neck, because he does his job on his own." (Bulgarian proverb)
"The secret to success is to walk forward." (Arabic proverb)
"Homes among homes and grapevines among grapevines." (Corsican proverb)