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Home equity
Industry: Financial services
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Home equity
property tax
Financial services; Home equity
A capital tax on property imposed by municipalities; based on the estimated value of the property.
down payment
Financial services; Home equity
An initial payment made when something is bought on credit.
book value
Financial services; Home equity
The value of a security or asset as entered in a company's books.
prime rate
Financial services; Home equity
The lowest rate of interest at which money may be borrowed commercially.
bankruptcy
Financial services; Home equity
State of being bankrupt, that is, one that cannot repay the debts owed to creditors.
