sweat equity

sweat equity definition - business

sweat equity

Improvements to property produced by labor of the owner of the property. For example, a couple increases the value of their home (and the value of their equity in the home) by working nights and weekends to remodel the bathroom.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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