home equity line of credit (HELOC)
An open line of credit that is restored as the balance is paid down.
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The following dictionary definition list is provided for clarification only. Note that many definitions are not directly applicable to mortgages, loans or other financial terminology in this glossary. Used with permission: WordNet 2.1 Copyright 2005 by Princeton University. All rights reserved.
home
Noun: home, place (where you live at a particular time) "deliver the package to my home"; "he doesn't have a home to go to"; "your place or mine?"
Noun: dwelling, home, domicile, abode, habitation, dwelling house (housing that someone is living in) "he built a modest dwelling near the pond"; "they raise money to provide homes for the homeless"
Noun: home (the country or state or city where you live) "Canadian tariffs enabled United States lumber companies to raise prices at home"; "his home is New Jersey"
Noun: home (an environment offering affection and security) "home is where the heart is"; "he grew up in a good Christian home"; "there's no place like home"
Noun: home, nursing home, rest home (an institution where people are cared for) "a home for the elderly"
Noun: base, home (the place where you are stationed and from which missions start and end)
Noun: family, household, house, home, menage (a social unit living together) "he moved his family to Virginia"; "It was a good Christian household"; "I waited until the whole house was asleep"; "the teacher asked how many people made up his home"
Noun: home plate, home base, home, plate ((baseball) base consisting of a rubber slab where the batter stands; it must be touched by a base runner in order to score) "he ruled that the runner failed to touch home"
Noun: home (place where something began and flourished) "the United States is the home of basketball"
Verb: home (provide with, or send to, a home)
Verb: home (return home accurately from a long distance) "homing pigeons"
Adjective: home (used of your own ground) "a home game"
Adjective: home (relating to or being where one lives or where one's roots are) "my home town"
Adjective: home, interior, internal, national (inside the country) "the British Home Office has broader responsibilities than the United States Department of the Interior"; "the nation's internal politics"
Adverb: home (at or to or in the direction of one's home or family) "He stays home on weekends"; "after the game the children brought friends home for supper"; "I'll be home tomorrow"; "came riding home in style"; "I hope you will come home for Christmas"; "I'll take her home"; "don't forget to write home"
Adverb: home (on or to the point aimed at) "the arrow struck home"
Adverb: home (to the fullest extent; to the heart) "drove the nail home"; "drove his point home"; "his comments hit home"
equity
Noun: equity (the difference between the market value of a property and the claims held against it)
Noun: equity (the ownership interest of shareholders in a corporation)
Noun: fairness, equity (conformity with rules or standards) "the judge recognized the fairness of my claim"
line
Noun: line (a formation of people or things one beside another) "the line of soldiers advanced with their bayonets fixed"; "they were arrayed in line of battle"; "the cast stood in line for the curtain call"
Noun: line (a mark that is long relative to its width) "He drew a line on the chart"
Noun: line (a formation of people or things one behind another) "the line stretched clear around the corner"; "you must wait in a long line at the checkout counter"
Noun: line (a length (straight or curved) without breadth or thickness; the trace of a moving point)
Noun: line (text consisting of a row of words written across a page or computer screen) "the letter consisted of three short lines"; "there are six lines in every stanza"
Noun: line (a single frequency (or very narrow band) of radiation in a spectrum)
Noun: line (a fortified position (especially one marking the most forward position of troops)) "they attacked the enemy's line"
Noun: argumentation, logical argument, line of reasoning, line (the methodical process of logical reasoning) "I can't follow your line of reasoning"
Noun: cable, line, transmission line (a conductor for transmitting electrical or optical signals or electric power)
Noun: course, line (a connected series of events or actions or developments) "the government took a firm course"; "historians can only point out those lines for which evidence is available"
Noun: line (a spatial location defined by a real or imaginary unidimensional extent)
Noun: wrinkle, furrow, crease, crinkle, seam, line (a slight depression in the smoothness of a surface) "his face has many lines"; "ironing gets rid of most wrinkles"
Noun: pipeline, line (a pipe used to transport liquids or gases) "a pipeline runs from the wells to the seaport"
Noun: line, railway line, rail line (the road consisting of railroad track and roadbed)
Noun: telephone line, phone line, telephone circuit, subscriber line, line (a telephone connection)
Noun: line (acting in conformity) "in line with"; "he got out of line"; "toe the line"
Noun: lineage, line, line of descent, descent, bloodline, blood line, blood, pedigree, ancestry, origin, parentage, stemma, stock (the descendants of one individual) "his entire lineage has been warriors"
Noun: line (something (as a cord or rope) that is long and thin and flexible) "a washing line"
Noun: occupation, business, job, line of work, line (the principal activity in your life that you do to earn money) "he's not in my line of business"
Noun: line (in games or sports; a mark indicating positions or bounds of the playing area)
Noun: channel, communication channel, line ((often plural) a means of communication or access) "it must go through official channels"; "lines of communication were set up between the two firms"
Noun: line, product line, line of products, line of merchandise, business line, line of business (a particular kind of product or merchandise) "a nice line of shoes"
Noun: line (a commercial organization serving as a common carrier)
Noun: agate line, line (space for one line of print (one column wide and 1/14 inch deep) used to measure advertising)
Noun: credit line, line of credit, bank line, line, personal credit line, personal line of credit (the maximum credit that a customer is allowed)
Noun: tune, melody, air, strain, melodic line, line, melodic phrase (a succession of notes forming a distinctive sequence) "she was humming an air from Beethoven"
Noun: note, short letter, line, billet (a short personal letter) "drop me a line when you get there"
Noun: line, dividing line, demarcation, contrast (a conceptual separation or distinction) "there is a narrow line between sanity and insanity"
Noun: production line, assembly line, line (mechanical system in a factory whereby an article is conveyed through sites at which successive operations are performed on it)
Verb: line, run along (be in line with; form a line along) "trees line the riverbank"
Verb: line (cover the interior of) "line the gloves"; "line a chimney"
Verb: trace, draw, line, describe, delineate (make a mark or lines on a surface) "draw a line"; "trace the outline of a figure in the sand"
Verb: line (mark with lines) "sorrow had lined his face"
Verb: line (fill plentifully) "line one's pockets"
Verb: line (reinforce with fabric) "lined books are more enduring"
credit
Noun: recognition, credit (approval) "give her recognition for trying"; "he was given credit for his work"; "give her credit for trying"; "the credits were given at the end of the film"
Noun: credit (money available for a client to borrow)
Noun: credit, credit entry (an accounting entry acknowledging income or capital items)
Noun: credit (used in the phrase `to your credit' in order to indicate an achievement deserving praise) "she already had several performances to her credit";
Noun: credit, deferred payment (arrangement for deferred payment for goods and services)
Noun: credit, course credit (recognition by a college or university that a course of studies has been successfully completed; typically measured in semester hours)
Noun: citation, cite, acknowledgment, credit, reference, mention, quotation (a short note recognizing a source of information or of a quoted passage) "the student's essay failed to list several important citations"; "the acknowledgments are usually printed at the front of a book"; "the article includes mention of similar clinical cases"
Noun: credit (an entry on a list of persons who contributed to a film or written work)
Verb: credit (give someone credit for something) "We credited her for saving our jobs"
Verb: accredit, credit (give credit for) "She was not properly credited in the program"
Verb: credit (accounting: enter as credit) "We credit your account with $100"
Verb: credit (have trust in; trust in the truth or veracity of)
- home equity line of credit (HELOC) -
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