negative equity

noun

Definition of negative equity

: a situation in which the amount of money that a person owes for something (such as a house or a car) is more than the thing is worth

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Cite this Entry

“Negative equity.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/negative%20equity. Accessed 10 Aug. 2022.

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