negative equity
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Negative equity — occurs when the value of an asset used to secure a loan is less than the outstanding balance on the loan.[1] In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being… … Wikipedia
negative equity — refers to a situation when the value of your property falls below the figure of the mortgage/loan taken out to buy it. Financial Services Glossary * * * negative equity negative equity ➔ equity * * * negative equity UK US noun [U] UK ► PROPERTY,… … Financial and business terms
negative equity — noun The situation, caused by a fall in house prices, in which a person owns property that is worth less than the value of his or her mortgage • • • Main Entry: ↑negate * * * noun [noncount] : a situation in which the amount of money that a… … Useful english dictionary
negative equity — n [U] BrE a situation in which someone owes more money on a ↑mortgage (=arrangement to borrow money to pay for a house) than they would receive if they sold their house … Dictionary of contemporary English
negative equity — noun uncount a situation in which your house has lost value and is now worth less than the amount you are paying as a MORTGAGE … Usage of the words and phrases in modern English
Negative Equity — When the value of an asset falls below the outstanding balance on the loan used to purchase that asset. Negative equity is calculated simply by taking the value of the asset less the balance on the outstanding loan. Negative equity often occurs… … Investment dictionary
negative equity — 1) The difference between the value of a property (usually residential) and the outstanding amount borrowed against it where the latter is the greater. For example, if a property s current market value is £200, 000 and the borrowing against it is … Big dictionary of business and management
negative equity — N UNCOUNT If someone who has borrowed money to buy a house or flat has negative equity, the amount of money they owe is greater than the present value of their home. [BRIT] … English dictionary
negative equity — owing more on an asset than it is worth Particularly of mortgages on dwellings: Their mortgage was £60,000... They were not quite negative equity but damn near. (Seymour, 1995) … How not to say what you mean: A dictionary of euphemisms
negative equity — ➡ mortgages * * * … Universalium
