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Meaning / Definition of
Perpetual Warrant
Categories: Options, Stocks, Bonds and Treasuries,
A warrant that does not have a maturity date. The warrant essentially remains in effect until the terms of the warrant have been met. This type of warrant is not issued often mainly because most warrants are issued with a prolonged expiration date.
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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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