EQUITY CREDIT LINE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does equity credit line mean? 

• EQUITY CREDIT LINE (noun)
  The noun EQUITY CREDIT LINE has 1 sense:

1. a loan secured by equity value in the borrower's home

  Familiarity information: EQUITY CREDIT LINE used as a noun is very rare.

 Dictionary entry details 

• EQUITY CREDIT LINE (noun)

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 ("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))