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Word(s) in meaning: chat  "global warming"
Postal codes: USA: 81657, Canada: T5A 0A7

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What does ELOC stand for?

Equity Line of Credit


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

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Erasable Laser Optical Disk (CD-RW)



Samples in periodicals archive:
You have the option to get a Home Equity Line of Credit (HELOC) for the 10 percent, for instance, you need to complete the mortgage.
Mr Janahi said an agreement, in principle, had been reached with Global Emerging Markets (GEM) of New York, whereby GEM would commit to provide an equity line of credit amounting up to $125m, which the bank will have the option to draw upon over a three-year period at prevailing average volume and market prices.
Each of these costs money, and one of the most practical ways to finance your next project is by getting a home equity line of credit (HELOC).
Announcer: You never know when home equity line of credit from Union Planters Bank will come in handy.
Lo que usted deberia saber sobre las lineas de credito con garantia hipotecaria (What You Should Know about Home Equity Lines of Credit) explains how a home equity line of credit differs from a more traditional home equity loan.
Lo que usted deberia saber sobre las lineas de credito con garantia hipotecaria explains how a home equity line of credit differs from a more traditional home equity loan.
The basics of an equity line of credit are simple, though actual implementation requires a lot of detail-work: A publicly traded company arranges to sell to a single institutional buyer a large block of stock, but in smaller chunks spread out over a sustained period, such as three years.
A home equity line of credit is an ideal target for identity thieves because it's often big dollars, and if consumers are not using the account, they may not check the balance," said ITAC President Anne Wallace.

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