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What is another word for negative equity?

Pronunciation: [nˈɛɡətˌɪv ˈɛkwɪti] (IPA)

Negative equity is a situation where the value of an asset, such as a house or a car, is less than the amount owed on it. Synonyms for negative equity include being "underwater", "upside down", or "in the red". These terms are often used in reference to mortgages, where a borrower owes more on their home loan than the property is currently worth. Another term for negative equity is "negative amortization", which refers to a situation where the outstanding balance on a loan increases over time, rather than decreasing as it should. No matter the term used, negative equity can be a difficult and stressful situation for borrowers to navigate.
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Synonyms for Negative equity:

What are the hypernyms for Negative equity?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for negative equity?

Positive equity is the antonym for negative equity. Positive equity is a term used in the finance world to indicate an asset in which the value of the property exceeds the amount of outstanding debt owed. Positive equity can be realized when a homeowner builds up equity over time or if the property appreciates in value. Positive equity is a desirable financial situation for homeowners as it gives them a greater chance to secure better loans or obtain favorable interest rates. It is essentially a valuable asset and a testament to the financial stability of a property owner. In contrast, negative equity represents the opposite - owing more than the asset is worth - and financial insecurity.

What are the antonyms for Negative equity?

Famous quotes with Negative equity

  • The truth, Prime Minister, is that you have run out of our money. The country as a whole is now in negative equity. Every British child is born owing around 20,000 pounds. Servicing the interest on that debt is going to cost more than educating the child.
    Daniel Hannan

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