Nequity

What is Nequity?

Negative Equity. This happens when your house value is less than the purchase price minus your down payment.

Joe put 20% down on a $500,000 house, the market crashed and the house is only worth $380,000. Joe now has $20,000 of Nequity.

See equity, negative, housing, crash, real estate

Nauson

1. A word refering to someone who is being naughty in a sexual way or refering to male of female genitalia " get your fingers out ..

Bloaner

1. A crude combination of blow job and loaner. One who loans his girlfriend to his best friend so she can give him a blow job too. Billy, ..

Velvet Mouth

1. A sultry, torrid voice. A voice you could hear for hours and not tire. Given to sophistication, good inflection, proper timing, though..

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Nequity Edit Meaning