negative equity

Definitions

Accounting

• noun a situation where a house bought with a mortgage becomes less valuable than the money borrowed to buy it because of falling house prices

Real Estate

• noun a situation in which a property is worth less than the amount that is still owed to the mortgage lender, caused by a sharp fall in property prices after buying

Nearby Definitions of “negative equity”

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Contexts for “negative equity”

2 definitions in context
• Accounting
• Real Estate