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Book entry

• Is the process or the name given to securities whose ownership and transfer occurs on a computer system. For treasuries and agencies this system is maintained by the Federal Reserve.

 
 Embedded terms in definition
 Agencies
Reserve
Securities
Treasuries
 
 Related Terms
 

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

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