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

Catastrophize

1. to hyper-imagine negative outcomes to a situation that have no basis in reality. to blow setbacks or problems out of proportion such tha..

W00tation

1. the action of throwing a bottle cap at a fish and then it immediately exploding and killing everybody in a 20 foot radius "that w0..

Voter Stupidity

1. The #1 reason political ads have basically remained unchanged for several years. Each election season candidates go on TV and, in a soft..

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Debtquity Edit Meaning