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Meaning / Definition of

Option Value

Categories: Options,

Difference between the actual value of an option and the intrinsic value. The option value reflects the probable value of the option in the future.

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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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