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Home-equity loan

[hohm-ek-wi-tee] /ˈhoʊmˈɛk wɪ ti/

noun, Business.
a loan that uses equity in the borrower’s home as collateral.


Read Also:

  • Home-front

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  • Home-fries

    plural noun 1. sliced, boiled potatoes, fried in butter or shortening.

  • Homegirl

    [hohm-gurl] /ˈhoʊmˌgɜrl/ noun, Slang. 1. a girl or woman from the same locality as oneself. 2. a close female friend or fellow female gang member. n phr,n

  • Home-ground

    noun 1. an area, locality, or subject with which one is intimately familiar: When you see those familiar mountains appear on the horizon, you’ll know you are back on home ground. Baseball and football are home ground for this sports-loving community. noun 1. a familiar area or topic

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