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GLOSSARY

 GLOSSARY TERMS by Alpha
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Earnest money
EMI
Energy Efficient Mortgage (EEM)
Entitlement
Equal Credit Opportunity Act (ECOA)
Equity
Equity loan
Equity Participation
Escrow
Escrow account
Escrow payment; also "impounds" or "reserves" in some states
Expected Family Contribution (EFC)
Extended Mortgage

Equity Participation

 An ownership position in an organization or venture taken through an investment. Returns on the investment are dependent on the profitability of the organization or venture.

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