Debtquity

What is Debtquity?

The opposite of equity. The amount you owe on your house in excess of its current market value thanks to the burst of the housing bubble.

Joe: As bad as the economy is here, maybe it is time to move out of state.

Herb: I have 50K in home debtquity, I'll be living in my current house until I die, maybe longer.

See equity, debt, recession, arm

Lenerdo

1. An epithet referencing LeTourneau University due to its high concentrations of students within the particular fields of Engineering, Fli..

Econogibbs

1. when you get fired for no real reason. He just came back from seeing the boss. He was hit with Econogibbs. See fired, laid off, poor,..

Yealp

1. Surprised agreement. Derived by merging "yeah" and "yelp" to create an informal confirmation of agreement. It impli..

All you need for a faster workflow in one place.

Debtquity Edit Meaning