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negative equity

British  

noun

  1. the state of holding a property the value of which is less than the amount of mortgage still unpaid

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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The average age of a trade-in with negative equity is now 4.3 years, according to Edmunds.

From MarketWatch • Apr. 28, 2026

The average underwater trade-in now carries $7,183 in negative equity, according to Edmunds — with the largest share, 41%, being underwater by $5,000 or less.

From MarketWatch • Apr. 28, 2026

For those with less than $2,000 of negative equity, that might mean waiting another six months to a year before breaking even on their loan, Jominy said.

From MarketWatch • Apr. 28, 2026

The average amount a borrower with negative equity carries on a vehicle has jumped more than 40% since 2021.

From The Wall Street Journal • Apr. 26, 2026

In 2026, buyers with negative equity financed an average of nearly $56,000 for a new car in the first quarter, about $12,000 more than the typical new-vehicle buyer, Edmunds said.

From The Wall Street Journal • Apr. 26, 2026

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