TERMIUM Plus®
The Government of Canada’s terminology and linguistic data bank.
HELOC [1 record]
Record 1 - internal organization data 2010-06-23
Record 1, English
Record 1, Subject field(s)
- Banking
- Real Estate
- Loans
- Financial Institutions
Record 1, Main entry term, English
- home equity line of credit
1, record 1, English, home%20equity%20line%20of%20credit
correct
Record 1, Abbreviations, English
- HELOC 2, record 1, English, HELOC
correct
Record 1, Synonyms, English
- home equity credit line 3, record 1, English, home%20equity%20credit%20line
correct
Record 1, Textual support, English
Record number: 1, Textual support number: 1 CONT
A Home Equity Line of Credit (often called HELOC, pronounced HEE-lock) is a loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower's equity in his/her house. A HELOC differs from a conventional home equity loan in that the borrower is not advanced the entire sum up front, but uses the line of credit to borrow sums that total no more than the amount, similar to a credit card. 4, record 1, English, - home%20equity%20line%20of%20credit
Record number: 1, Textual support number: 2 CONT
A Home Equity Line of Credit is simply a revolving Line of Credit that allows you to use the equity in your home to borrow money. 5, record 1, English, - home%20equity%20line%20of%20credit
Record number: 1, Textual support number: 3 CONT
Both a home equity line of credit (home equity credit line) and a home equity loan are secured by the equity in your home. 6, record 1, English, - home%20equity%20line%20of%20credit
Record 1, French
Record 1, Domaine(s)
- Banque
- Immobilier
- Prêts et emprunts
- Institutions financières
Record 1, Main entry term, French
- marge de crédit hypothécaire
1, record 1, French, marge%20de%20cr%C3%A9dit%20hypoth%C3%A9caire
correct, feminine noun
Record 1, Abbreviations, French
Record 1, Synonyms, French
- ligne de crédit hypothécaire 2, record 1, French, ligne%20de%20cr%C3%A9dit%20hypoth%C3%A9caire
correct, feminine noun
- ligne de crédit gagée sur biens immobiliers 3, record 1, French, ligne%20de%20cr%C3%A9dit%20gag%C3%A9e%20sur%20biens%20immobiliers
correct, feminine noun
- ligne de crédit garantie par la transformation de l'avoir propre financier 4, record 1, French, ligne%20de%20cr%C3%A9dit%20garantie%20par%20la%20transformation%20de%20l%27avoir%20propre%20financier
proposal, see observation, feminine noun
Record 1, Textual support, French
Record number: 1, Textual support number: 1 DEF
Marge de crédit dont le remboursement est garanti par une hypothèque. 5, record 1, French, - marge%20de%20cr%C3%A9dit%20hypoth%C3%A9caire
Record number: 1, Textual support number: 1 CONT
Les emprunteurs bénéficient de nouveaux canaux de financement peu coûteux, pour liquider des actifs réels et accéder à l'épargne disponible, au travers par exemple des lignes de crédit gagées sur des biens immobiliers [...] 6, record 1, French, - marge%20de%20cr%C3%A9dit%20hypoth%C3%A9caire
Record number: 1, Textual support number: 1 OBS
La Société canadienne d'hypothèques et de logement rend «home equity concession» par «transformation de l'avoir foncier». 4, record 1, French, - marge%20de%20cr%C3%A9dit%20hypoth%C3%A9caire
Record 1, Key term(s)
- ligne de crédit gagée sur l'avoir propre foncier
Record 1, Spanish
Record 1, Textual support, Spanish
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