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Dirty float

• A system of floating exchange rates in which the government occasionally intervenes to change the direction of the value of the country's currency.

 
 Embedded terms in definition
 Change
Currency
Exchange rate
Exchange
Floating exchange rate
 
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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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