Negative equity
volume
British pronunciation/nˈɛɡətˌɪv ˈɛkwɪti/
American pronunciation/nˈɛɡətˌɪv ˈɛkwɪɾi/

Definition & Bedeutung von "negative equity"

Negative equity
01

a situation where a house's value has declined below the amount borrowed from a mortgage company to purchase it

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