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SBLOC

A line of credit (L/C, LOC) that is extended to a client with assets (securities)- eligible securities- that can be...

Securities-Based Line of Credit

A line of credit (L/C) that is extended to a client with assets (securities)- eligible securities- that can be posted...

HELOC

An acronym for home-equity line of credit; a line of credit that is secured by a borrower's home equity. As...

Home Equity Line of Credit

A line of credit that is secured by a borrower's home equity. As a security, it gives a homeowner borrower...