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
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. 2012