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negative equity

noun

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


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Example Sentences

This week brings two significant points that are down over the year and over the third quarter: negative equity and delinquencies.

Gallery: Worst Real Estate Cities · Negative equity—percent of mortgages where owners owe more than their homes are worth.

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petrichor

[pet-ri-kawr]

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