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Permanent financing

• Consists of stock or long-term bonds. While most bonds have maturities they are still considered a type of permanent financing.

 
 Embedded terms in definition
 Stock
T bond
Term bond
Type
 
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<< Period certain Permanent funding requirement >>

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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