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   

County Court Import VAT Certificate EORI
Landslide Firewall Net Realizable Value
Pecuniary Legacy Balance of payments (BOP) Customs Duties
Depression Applet Charitable Trust
Exit strategy MD2 DTI-CHIEF
Balancing Charge Deep pockets Sui juris
Trade secret Call Back Pay Marginal Cost Pricing
War Chest Parent company ETD
Safe Prorogation Tax Form - P46
ActiveX Peso committal
Epicenter TOMS CNCD
Best practice Cafeteria plan Bank Statements
Tariff Current Liability AFAIK

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 © 2004-2021 Scopulus Limited. All rights reserved.