Search

Home Equity Line of Credit

A "home equity line of credit" is a line of credit allowing the borrower to draw down loans from time, secured by the borrower's home. Home equity loans allow a borrower to potentially borrow large sums at an attractive rate.

 

Top Searched Terms

 
 
                    

    Browse Glossary :
A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z  All
Advertisement

Answers
  

Quiz of the Day
    Q: What are the factors that influence the amount payable under a pension plan?

Word of the Day
   Chief Financial Officer

The "chief financial officer" or "CFO" is the corporate officer primarily responsible for the company's financial statements and financial planning and who has responsibility for the collection, disbursement, and use of company funds.

Go to Definition
Copyright © E-PersonalFinance.com. All rights reserved.
No part of the content or the data or information included herein may be reproduced, replicated or redistributed without the prior written permission of E-PersonalFinance.com.
Use of this site is governed by our Terms of Use Agreement and Privacy Policy.