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

Itoy

1. short for I'm Thinking of You itoy in that sexy dress itoy all day long itoy in my arms itoy when I masturbate See thinking, o..

Tittaps

1. When drunk to the point of throwing up, and high on cocaine, and also on the brink of suicide, a male cuts his balls off, and staples th..

On Like Donkey Kong

1. meaning something is about to go down that you're pumped up for. (you're about to play Halo 3 online) "alright niggas, ..

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Nequity Edit Meaning