HOME EQUITY LOAN Definition

Bookmark and Share

HOME EQUITY LOAN is a type of loan in which the borrower uses the equity in their home as collateral. These loans are sometimes useful to help finance a business, major home repairs, medical bills or college education.

Learn new Accounting Terms

SSA is Social Security Administration, Selective Service Administration or Social Security Act.

INVESTMENT HOLDING COMPANY, generally, is to hold by way of investment any real or personal property whatsoever. Within business, it is a company which holds equity in or invests into other companies as subsidiary or associate companies.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.