Meaning of “NACA” in the English Dictionary


"NACA" in Business English

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NACAnoun [ S ]

uk us

abbreviation for Neighborhood Assistance Corporation of America: an organization in the US that helps people with low incomes to buy homes and helps people to keep their home if they are having financial problems:

NACA is refinancing loans and cutting rates by as much as 5% so borrowers can stay in their homes.

(Definition of “NACA” from the Cambridge Business English Dictionary © Cambridge University Press)