Equity release—or "give us your house"—is a means of borrowing some of the value of your home without having to sell it, and usually without having to make any repayments so that the interest compounds rapidly. Sometimes known as a lifetime mortgage. The more reputable lenders (for a given value of 'reputable') guarantee that the total debt will never exceed the value of the property, which is big of them; the less reputable will take your estate for as much as they can after you fall off your perch.
I borrowed 65K through equity release on my house seven years ago, and it's already doubled. At this rate there will be nothing left for my kids.
by Beermat November 8, 2017
Get the equity release mug.The money an online poker player loses by running to the bathroom to pee during a session. True pros combat this by pissing into Gatorade bottles while continuing to play.
Noob: "I really had to pee, so I sat out on all of my tables for one minute and ran to the bathroom."
Pro: "You fish! Do you know how much piss equity you gave up by missing those 20 hands?!"
Pro: "You fish! Do you know how much piss equity you gave up by missing those 20 hands?!"
by Kos13 March 29, 2011
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Example 1:
Dude1: How'd it go last night?
Dude2: Terrible! I spent 3 hours and $45 of bar equity into some chick at the club only to have her fat cockblocker friend suddenly drag her away drunkenly shouting, "We gotta go now! Bye, Bye!"
Example 2:
Random bar ho: Hey Sexy! Wanna buy me a drink?
Guy: Uhhhh......
Wingman: (whispers) Wait, dude! You can't put any bar equity into a jersey girl. They can hold way too mch liqour and may drop you for some guido.
Dude1: How'd it go last night?
Dude2: Terrible! I spent 3 hours and $45 of bar equity into some chick at the club only to have her fat cockblocker friend suddenly drag her away drunkenly shouting, "We gotta go now! Bye, Bye!"
Example 2:
Random bar ho: Hey Sexy! Wanna buy me a drink?
Guy: Uhhhh......
Wingman: (whispers) Wait, dude! You can't put any bar equity into a jersey girl. They can hold way too mch liqour and may drop you for some guido.
by Tenacious Faulker July 19, 2009
Get the bar equity mug.Hipster Equity – hip-ster ek-wi-tee noun The cumulative value of an individual's style and preferences that contribute to their overall qualifications to be acceptable among the independent cultural elite (hipsters). One's Hipster Equity is positioned against another's to determine which is greater. Increases and decreases in Hipster Equity can only be determined by external entities.
1. You purchase an original My Bloody Valentine Loveless LP in VG+ condition. Hipster Equity +1.
2. You enter a Walmart for any reason. Hipster Equity -5.
2. You enter a Walmart for any reason. Hipster Equity -5.
by oversat January 4, 2013
Get the Hipster Equity mug.by Downstrike June 3, 2004
Get the sweat equity mug.Man law that states that, in a defined group of men, you may not order a new beer until every man in that group has finished their drink.
by Mister Macabre April 1, 2011
Get the Beer Equity mug.NOUN
pre-equity, is a reactionary theory to the prevailing view point amongst many within society, who maintain that. The value and worth of an individuals life within society, must be determined and thus measured exclusively in accordance with ones economical, materialistic and productive value to society. pre-equity theory, maintains that, If the life of an individual within society, is only to be valued thus limited only to ones materialistic thus economical worth..As opposed to the principle that, life ( All ) life is by essence on its own merits priceless. Then in a materialistic stand point, the value and worth of a persons life within society must be assessed and determined based upon the prodigious sums of resources and time that which has been invested in the raising, nurturing and ultimately educating a single individual from the time of Birth until ones reaching adulthood.
Therefore, ones material value should not be assessed or determined based on any current or immediate monetary or economical standing or repute..But rather, that it should be ascertained and therefore evaluated upon a pre-equitable standing, thus established in a pass tense which was achieved over a long period of time.
pre-equity, is a reactionary theory to the prevailing view point amongst many within society, who maintain that. The value and worth of an individuals life within society, must be determined and thus measured exclusively in accordance with ones economical, materialistic and productive value to society. pre-equity theory, maintains that, If the life of an individual within society, is only to be valued thus limited only to ones materialistic thus economical worth..As opposed to the principle that, life ( All ) life is by essence on its own merits priceless. Then in a materialistic stand point, the value and worth of a persons life within society must be assessed and determined based upon the prodigious sums of resources and time that which has been invested in the raising, nurturing and ultimately educating a single individual from the time of Birth until ones reaching adulthood.
Therefore, ones material value should not be assessed or determined based on any current or immediate monetary or economical standing or repute..But rather, that it should be ascertained and therefore evaluated upon a pre-equitable standing, thus established in a pass tense which was achieved over a long period of time.
Marks value and worth to society, can be determined based on the pre-equity value of all material and monetary costs that which was invested in his raising, nurturing and educating from the time of his birth to adulthood.
by Baron Neville September 7, 2016
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