Oxford Dictionary English negative equity nounnoun BrE BrE//ˌneɡətɪv ˈekwəti// ; NAmE NAmE//ˌneɡətɪv ˈekwəti// [uncountable] Buying a home, Banking Add to my wordlistjump to other resultsthe situation in which the value of somebody’s house is less than the amount of money that is still owed to a mortgage company, such as a bank See related entries: Buying a home, BankingSee negative equity in the Oxford Advanced American DictionaryCheck pronunciation: negative equity oxfordlearnersdictionaries.com