negative equity

noun

: a situation in which the amount of money that a person owes for something (such as a house or a car) is more than the thing is worth

Examples of negative equity in a Sentence

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In the fourth quarter of 2019, the share of trade-ins with negative equity was 32.7%. Susan Tompor, USA TODAY, 28 Jan. 2025 Citi Field’s balance sheet shows assets of $210 million, liabilities of $255 million, and members’ deficit, or negative equity, of $45 million. Michael Ozanian, CNBC, 27 Mar. 2025 That's up from a negative equity of $7,116 in the fourth quarter of 2022. Susan Tompor, USA TODAY, 28 Jan. 2025 According to an analysis by car shopping experts at Edmunds, the average negative equity for upside-down car loans has surged to more than $6,800, with one in four borrowers owing more than $10,000. Janae Bowens, Baltimore Sun, 24 Jan. 2025 Auto finances:More drivers have negative equity on their car loans. Utkarsh Shetti, USA TODAY, 28 Nov. 2024 Trading Andrew Wiggins also is a more hopeful possibility, although the three years and $85 million left on his deal are likely negative equity at this point. John Hollinger, The Athletic, 23 Apr. 2024 That includes 22% of vehicle owners with negative equity who owed $10,000 or more, while 7.5% have negative equity of more than $15,000. Michael Wayland, CNBC, 15 Oct. 2024 For example, midsize SUVs, compact SUVs and large trucks made up 19.5%, 17.3% and 10.3%, respectively, of all vehicles traded in with negative equity. Medora Lee, USA TODAY, 16 Oct. 2024

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“Negative equity.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/negative%20equity. Accessed 30 Apr. 2025.

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