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negative equity

noun

Definitions

  1. The amount by which the market value of a property falls below the amount of the mortgage…

    The amount by which the market value of a property falls below the amount of the mortgage secured upon it.

  2. The situation in which a property is worth less than its mortgage.

The neighborhood

Vish — recursive loop

No curated loop yet for negative equity. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA