Meaning / Definition of
Euribor
Categories: Forex,
EuriborŪ (euro interbank offered rate) is the rate at which euro interbank term deposits within the euro zone are offered by one prime bank to another prime bank. See also: LIBOR
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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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