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Meaning / Definition of
Australian Stock Exchange
Categories: Stocks, Investing and Trading,
the principal market for trading stock and other securities in Australia. It was formed in 1987 as a result of the amalgamation of six state stock exchanges and has offices in most state capitals.
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Definition / Meaning of
Home Equity
Categories: Credit and Debt, Real Estate, Legal, ,
The current market value of a house minus how much is owed on it. A home equity loan borrows against this amount.
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