negative equity

listen to the pronunciation of negative equity
Englisch - Englisch
The situation in which a property is worth less than its mortgage
The amount by which the market value of a property falls below the amount of the mortgage secured upon it
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. 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
negative equity

    Silbentrennung

    neg·a·tive Eq·ui·ty

    Türkische aussprache

    negıtîv ekwıti

    Aussprache

    /ˈnegətəv ˈekwətē/ /ˈnɛɡətɪv ˈɛkwətiː/
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