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Meaning of negative equity | Babel Free

Noun CEFR B2

Definitions

The amount by which the market value of a property falls below the amount of the mortgage secured upon it.
countable, uncountable
The situation in which a property is worth less than its mortgage.
countable, uncountable

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

negative eugenics negative feedback negative gearing negative growth negative hallucination negative harmony