home equity Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "home equity" - Business English Dictionary

home equity

noun [U]
 
 
FINANCE, PROPERTY the amount of money that someone would receive if they sold their house, after paying what remains of the mortgage: Do you purchase a loan in the UK? In the US, you "take out" a loan.
(Definition of home equity from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of home equity?
Add Cambridge dictionaries to your browser to your website
Word of the Day
field event

a sports event in which athletes take part one after the other rather than racing or competing together

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More