TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

EQUITY ADVANCE [1 record]

Record 1 2010-03-02

English

Subject field(s)
  • Loans
CONT

Equity advance. If and when required an equity can be made to assist the employee in the purchase of a new home. The amount of the advance will not exceed 10% of the guaranteed price or 90% of the equity value accumulated in the presently owned property, whichever is less.

French

Domaine(s)
  • Prêts et emprunts
OBS

avance : Somme que l'on prête, paiement anticipé, déboursé que l'on fait pour quelqu'un.

OBS

mise de fonds : Somme nécessaire à la création d'une entreprise.

OBS

Équivalent proposé par la Société centrale d'hypothèques et de logement.

Spanish

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