home equity loan

A line of bank credit given to a homeowner, using as collateral the homeowner’s equity in the home. — Often shortened to equity loan.

— Also termed home-equity line of credit. See EQUITY(7).

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词条贡献者

法律翻译王漾，在一家顶尖英国律师事务所的上海办公室担任全职法律翻译，专注翻译各类与大中华业务有关的法律文件。