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Meaning / Definition of
Ultimate Control Enterprise
Categories: Economics,
An investor (company or individual) is considered to be the ultimate control investor if it is at the head of a chain of companies and directly or indirectly controls all the enterprises in the chain without itself being controlled by another investor.
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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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