Negative equity Uncommon

Definition, synonyms and related words

Definitions

Noun

The amount by which the market value of a property falls below the amount of the mortgage secured upon it.

See Also

mortgage jingle mail homedebtor upside down market secured property value

Related Terms

mortgage jingle mail homedebtor upside down market secured property value amount underwater

Rhyming Words

ity pity mity city ality arity ility acity deity whity asity icity unity hoity laity amity osity inity egoity vomity

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