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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 ​lowincomes to ​buy homes and helps ​people to ​keep their ​home if they are having ​financial problems: NACA is refinancing ​loans and ​cuttingrates by as much as 5% so borrowers can ​stay in their homes.
(Definition of NACA from the Cambridge Business English Dictionary © Cambridge University Press)
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