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Meaning / Definition of

IMF

Categories: Global, Economics,

an international organization based in Washington, DC, that was established by industrialized nations to monitor economic and financial developments, lend to countries with balance of payments difficulties, and provide expert policy advice and technical assistance.

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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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