Negative equity

English vocabulary and translations (See all)

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Definition

(to fall into) negative equity: (to suffer) a drop in value below the value of the original loan (referring to a property)
idiom

Examples

  • "Brent : Negative equity?"
  • "Negative equity is when you owe your bank more than your house is worth."
  • "There's a risk that if housing prices fall, you'll fall into negative equity."

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