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WordNet-Online
Definitions from WordNet
Noun equity credit line has 1 sense
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Definitions from the WebEquity Credit LineDefinition: An equity credit line, also known as a home equity line of credit (HELOC), is a line of credit that allows homeowners to borrow money using their home's equity as collateral. Usage:1. Noun: a) She took out an equity credit line to finance her home renovations. b) The bank offered a competitive interest rate on their equity credit line. 2. Adjective: a) He qualified for an equity credit line increase due to the rise in his property value. b) The equity credit line payment options were flexible and affordable. Related Products on Amazon: | ||||
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