Business Terms and Jargon Explained

What is Negative equity

A state of affairs when a property is bought and the value of the property falls below the mortgage amount outstanding. e.g. if a property was bought for 350,000 where a mortgage of 300,000 was taken, and the price of the property fell to 250,000. The owner will be in negative equity by 50,000

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

Multicurrency Executor-dative Public relations
BTW Inventory CHIP and PIN
Interest rate risk Zloty Over the Counter
Automatic Stabilisers Allotment Basis Point
Adler32 Pre-Registration Expenses Self Assessment
MINT Prime Minister Health insurance
BIOS QR code Visible Trade
Obscuration Ancillary relief Variable Rate Loan
Securitisation Blue Chip Unearned income
Dividend yield White-collar worker Landlord Reference
ERNIE N215 Civil Court form Anointed
Blind Testing Taxation of costs N337 Civil Court form
Public Good European Central Bank - ECB Net Book Value

Term created / updated 2005-07-16 23:12:15

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2020 Scopulus Limited. All rights reserved.