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What is "negative equity"

Crossword clues for negative equity

negative equity
Longman Dictionary of Contemporary English
negative equity
noun
EXAMPLES FROM CORPUS
▪ Dave Escott bought at the height of the boom, and any back rent will only add to his negative equity.
▪ The risk of another plague of negative equity in the highly-priced areas must now be significant.
▪ Those with negative equity clearly benefit from higher prices, but many others gain from lower ones.
Wiktionary
negative equity

n. 1 (context finance English) The amount by which the market value of a property falls below the amount of the mortgage secured upon it. 2 (context finance English) The situation in which a property is worth less than its mortgage.

Wikipedia
Negative equity

Negative equity occurs when the value of an asset used to secure a loan is less than the outstanding balance on the loan. In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being "underwater", and loans and borrowers with negative equity are said to be "upside down".

People (and companies) may also have negative equity, as reflected on their balance sheets.

Usage examples of "negative equity".

Z-B accepted Kaba's negative equity loading to help with its own starship operation funding problem.