A type of loan where an individual borrows against the value of their home and does not have to pay back the principal until the individual sells the home or leaves the home permanently.
More Common Terms
- Geriatric Care Manager Also known as a Case or Care Manager. A professional who provides an assessment of an older adult's capabilities to create a care plan to address housing, medical, social and other needs.
- Medication Management Identification and counseling regarding the medication regime that individuals are using including prescription and over the counter medications, vitamins and home remedies.
- Discharge Planner A social worker or nurse who assists a patient with health care arrangements following a hospital stay.