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 Loan'. A consumer loan secured by a second mortgage, allowing home owners to borrow against their equity in the home. The loan is based on the difference between the homeowner's equity and the home's current market value.EFINITION of 'Home-Equity Loan'. A consumer loan secured by a second mortgage, allowing home owners to borrow against their equity in the home. The loan is based on the difference between the homeowner's equity and the home's current market value.