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Meaning / Definition of
Automated Clearing House
Categories: Finance,
An electronic payment network available to businesses, individuals, and financial institutions in the United States, U.S. territories, and Canada.
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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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