Meaning of easnamh cothromais | Babel Free

Definitions

negative equity

masculine

Examples

“August 2008, Beo!, "Meathlú" Níl aon taithí ag mórchuid na glúine sin ar dhífhostaíocht nó ar shochar leasa shóisialta, gan trácht ar easnamh cothromais – rud atá i ndán go cinnte don dream donasach sin a cheannaigh tithe le bliain anuas ar bheagán cothromais agus ar mhorgáistí móra.”

The larger part of that generation has no experience of unemployment or social welfare benefits, not to mention negative equity - a thing that is surely facing that unfortunate group that bought houses in the past year with little equity and large mortgages.

CEFR level