Equity

In mortgage lending, the difference between the value of your property and your current mortgage. If your current mortgage balance exceeds the value of your property you are in 'negative equity'. Ideally, throughout the course of a mortgage your equity would increase.

In investment-speak, the term can be defined as anything which represents ownership interests and therefore often refers to stocks and shares.

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Accident Sickness And Unemployment Insurance (ASU)
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Agreement In Principle
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Experian
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Ombudsman
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Scottish Decree
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