negative equity
negative equity · negative equities
The amount by which the market value of a property falls below the amount of the…The amount by which the market value of a property falls below the amount of the mortgage secured upon it.
Meaning
2 senses(countable, uncountable)The amount by which the market value of a property falls below the amount of the mortgage secured upon it.
(countable, uncountable)The situation in which a property is worth less than its mortgage.
Forms
plural: negative equities| Singular | negative equity |
|---|---|
| Plural | negative equities |
regular
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable