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

Brallet

1. When a woman uses her bra to store things such as money, cellular devices, and other belongings. Dude: What are you doing? Chick: Oh....

Ultimate Pimpflick

1. Somewhat similar to the twap, the Ultimate Pimpflick involes a backhand strike that recoils at the last moment before impact, like crack..

.999=1

1. Why .999~ = 1 x = .999~ so 10x = 9.999~ 9.999~ - .999~ = 9 but 10x - x = 9x so 9x = 9, x = 1 Thus, x = .999~ = 1 owned the other ..

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Nequity Edit Meaning