| 单词 | negative equity |
| 释义 | > as lemmasnegative equity negative equity n. Economics the potential indebtedness that occurs when the value of an asset falls below the amount of the debt outstanding on it, as when the outstanding debt on a mortgaged property exceeds the property's current market value. ΘΚΠ society > trade and finance > management of money > insolvency > indebtedness > [noun] > a debt > other types of debt crown debt1641 debt of honour1646 oblata1658 judgment debt1702 bond-debt1707 rumple1746 contingent liability1798 overdraft1812 current liability1832 receivable1836 minority debt1897 negative equity1946 eligible liability1971 1850 B. C. Howard Rep. Supreme Court U.S. 8 604 There is still a further want of equity, or, more precisely speaking, a negative of equity.] 1946 Univ. Chicago Law Rev. 13 517 Depreciation deductions are disallowed during years of negative equity under the assumption that the property will not be redeemed. 1958 U.S. Tax Court Rep. 28 919 The excess of liabilities over assets at the beginning of each such year results in a ‘negative’ equity capital amount less than zero. 1976 U.S. News & World Rep. 22 Mar. 24/2 By the end of this year, we will be saddled with an estimated negative equity of 1.3 billion dollars. 1999 Times 12 May 8/5 Hundreds of thousands of people were missold personal pensions, millions more went through the heartbreak of negative equity as the economy lurched from boom to bust and interest rates went through the roof. < as lemmas |
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