NEGATIVE EQUITY


Meaning of NEGATIVE EQUITY in English

ˌnegative ˈequity BrE AmE noun [uncountable] British English

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

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.