HyperDic: home_equity_credit

English > 1 sense of the expression home equity credit:
NOUNpossessionhome equity credit, home loan, home equity loan, equity credit linea loan secured by equity value in the borrower's home
English > home equity credit: 1 sense > noun 1, possession
MeaningA loan secured by equity value in the borrower's home.
Synonymshome loan, home equity loan, equity credit line
Broaderconsumer creditA line of credit extended for personal or household use
loanThe temporary provision of money (usually at interest)

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