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Equity floor

• An agreement in which one party agrees to pay the other at specific time periods if a specific stock market benchmark is less than a predetermined level.

 
 

Follow this link for all the terms related to equity.

 
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 Benchmark
Market
Stock market
Stock
Time
 
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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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