[ hohm-ek-wi-tee ]
/ ˈhoʊmˈɛk wɪ ti /
a loan that uses equity in the borrower's home as collateral.
What Is The Difference Between Loan, Lend, Loaned, And Lent?The words loan and loaned are the present and past tenses of to loan. Lend and lent are the present and past tenses of to lend. As verbs, loan and lend are often used interchangeably. For example, “A bank loans people money to buy a home. It also lends borrowers money to buy a car.” Loan and lend also have identical meanings when they’re used …
Hone In vs. Home InDoes a plane home in on a target or hone in on it? Does a musician hone her skills or home them? Are these two verbs interchangeable or do they have discrete meanings? Today we explore the origins and uses of hone and home. Hone entered English as a noun for a pointed rock used as a landmark. In the 1400s, it began to be …
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019