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

Zooed

1. to be highon marijuana "Oh, man, I was so zooed last night on the way into the concert, I could't even find my seat!" S..

Dachel

1. An insult used to describe a mentally handicapped person. Seth... You are such a fucking dachel See retard, fucktard, idiot, dumbass, ..

Eleccy B

1. Means electric blanket. Matt: Just gonna pop on the eleccy b Michelle: huh? Matt: Electric blanket, duh Michelle: Ahhh, coolios! ;D ..

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Nequity Edit Meaning