What is Debtquity?
1.
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
Random Words:
1.
A term used to describe the dividing line between the appropriate amount of money spent on polos versus shoes. In other words, a polo th..
1.
To be caught in a proverbial corner in which you can do or say two things, but either way the outcome is negative.
Your father wants yo..
