Definition of negative equity noun from the Oxford Advanced Learner's Dictionary

 

negative equity

 noun
noun
BrE
 
; NAmE
 
[uncountable] Buying a home, Banking
 
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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 See related entries: Buying a home, Banking
See the Oxford Advanced American Dictionary entry: negative equity