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negative equity

noun
🔊/ˌneɡətɪv ˈekwəti/
🔊/ˌneɡətɪv ˈekwəti/
 [uncountable]
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  1. 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资产负值，负资产（资产值低于抵押款）Topics Moneyc2, Houses and homesc2