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negative equity

noun
/ˌneɡətɪv ˈekwəti/
/ˌneɡətɪv ˈekwəti/
[uncountable]
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  1. the situation in which the value of somebody’s house is less than the amount of money that is still owed to a mortgage company, such as a bank资产负值,负资产(资产值低于抵押款)Topics Moneyc2, Houses and homesc2

See also: negative equity


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