Home > Industry/Domain > Financial services > Home equity
Home equity
Industry: Financial services
Add a new termContributors in Home equity
Home equity
equity
Financial services; Home equity
The difference between the appraised value of your home and the outstanding mortgage balance(s).
appraised value
Financial services; Home equity
The value of your home based on current market conditions.
amortization
Financial services; Home equity
A series of payments over a specific period of time calculated to fully pay the loan amount plus interest by the end of the life of the loan.
usable area
Financial services; Home equity
The occupiable part of an office or a building floor; generally measured from paint to paint inside the permanent walls and to the middle of partitions separating one tenant’s space from that of ...
mortgage
Financial services; Home equity
An agreement in which money is lent by a building society, bank, etc for buying a house or other property, the property being the security.
contractor
Financial services; Home equity
A person or company that undertakes a contract to provide materials or labor to perform a service or do a job.
fixed asset
Financial services; Home equity
A long-term tangible piece of property that a firm owns and uses in the production of its income and is not expected to be consumed or converted into cash any sooner than at least one year's time.
Featured blossaries
stanley soerianto
0
Terms
107
Blossaries
6
Followers