Debtquity

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 equity, debt, recession, arm


84

Random Words:

1. A drinking game in which a 25 cup diamond (5 cups wide) is placed in the middle of a table. Teams of up to three compete using three pin..
1. A word used to describe one who is so obliterated that he/she is oblivious to all surroundings and belligerant to anyone that comes with..
1. An abreviation for great, cool, and awesome. Mostly used by Goths, in a positive manner. Goth boy: Hey look at my new hair style. Go..