equity release

/'ekwɪti rɪˌli:s/ noun
the act of remortgaging a property on which there is currently no mortgage, in order to use it as security for new borrowing

Dictionary of banking and finance. 2015.

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  • Equity release — is a means of retaining use of your house or other object which has capital value, while also obtaining a steady stream of income, using the value of the house.The catch is that you have to re pay the income provider at a later stage, usually… …   Wikipedia

  • equity release — UK US noun [U] FINANCE, PROPERTY ► a financial arrangement in which someone who owns a property sells all or part of it to a financial organization in exchange for cash, but has the right to continue living there: »an equity release scheme/plan …   Financial and business terms

  • Equity — Represents ownership interest in a firm. Also the residual dollar value of a futures trading account, assuming its liquidation at the going market price. The New York Times Financial Glossary * * * equity eq‧ui‧ty [ˈekwti] noun equities… …   Financial and business terms

  • equity — The value of a futures trading account with all open positions valued at the going market price. The CENTER ONLINE Futures Glossary Ownership interest in a firm. Bloomberg Financial Dictionary Also, the residual dollar value ( residual value) of… …   Financial and business terms

  • Equity (law) — The Court of Chancery, London, in the early 19th century Equity is the name given to the set of legal principles, in jurisdictions following the English common law tradition, that supplement strict rules of law where their application would… …   Wikipedia

  • Equity (trade union) — Infobox Union| name= Equity country= United Kingdom affiliation= TUC, STUC members= full name= native name= founded= 1930 current= head= dissolved date= dissolved state= merged into= office= London people= Christine Payne, general secretary Harry …   Wikipedia

  • release — A document or a process in which a secured party gives up its collateral interest in the property of the debtor. Releases may be for all of the property of the debtor or may be partial. For example, if a real estate developer has pledged 10 lots… …   Financial and business terms

  • release — I To discharge a claim one has against another, as for example in a tort case the plaintiff may discharge the liability of the defendant in return for a cash settlement. To lease again or grant new lease. See accord and satisfaction II A writing… …   Black's law dictionary

  • Private equity secondary market — In finance, the private equity secondary market (also often called private equity secondaries or secondaries) refers to the buying and selling of pre existing investor commitments to private equity and other alternative investment funds. Sellers… …   Wikipedia

  • Private equity in the 21st century — relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub industries, leveraged buyouts and venture capital experienced growth along parallel although… …   Wikipedia

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