Definition of 'lilt'. Word Frequency. lilt (lÉªlt ) singular noun. If someone's voice has a lilt in it, the pitch of their voice rises and falls in a pleasant way, as if they were singing. Her voice is child-like, with a West Country lilt.
Home Equity Loans. A home equity loan is a loan for a fixed amount of money that is secured by your home. You repay the loan with equal monthly payments over a fixed term, just like your original mortgage. If you donât repay the loan as agreed, your lender can foreclose on your home.
DEFINITION of 'Home Equity'. The value of ownership built up in a home or property that represents the current market value of the house less any remaining mortgage payments.This value is built up over time as the property owner pays off the mortgage and the market value of the property appreciates.Next Up.EFINITION of 'Home Equity'. The value of ownership built up in a home or property that represents the current market value of the house less any remaining mortgage payments. This value is built up over time as the property owner pays off the mortgage and the market value of the property appreciates. Next Up.