HyperDic: home_equity_loan

English > 1 sense of the expression *home equity loan*:
NOUN	possession	home equity loan, home loan, home equity credit, equity credit line	a loan secured by equity value in the borrower's home

English > *home equity loan*: 1 sense > noun 1, possession
Meaning	A loan secured by equity value in the borrower's home.
Synonyms	home loan, home equity credit, equity credit line
Broader	consumer credit	A line of credit extended for personal or household use
Broader	loan	The temporary provision of money (usually at interest)