Negative covenantA bond covenant that limits or prohibits certain actions unless the bondholders agree.
N Negative AmortizationN Negative Amortization
A condition created when a loan payment is less than interest alone. Even though payments are made on time, the amount owing increases.
Negative equityNegative equity
A situation where the purchaser of a property has taken out a mortgage and some time after the purchase, the value of the property falls below the mortgage amount. For example:Purchase price of property: £80,000Deposit: £10,000Mortgage: £70,000If the value of the property falls below £70,000, the mortgage holder has negative equity in the property.
Negative cash flowNegative cash flow
Occurs when spending in a business is greater than earnings.
Negative NPV tie in projectNegative NPV tie in project
A negative-NPV infrastructure development project that a local government requires of a company engaged in a positive NPV investment project elsewhere in the country.
Negative pledge clauseNegative pledge clause
A bond covenant that requires the borrower to grant lenders a lien equivalent to any liens that may be granted in the future to any other currently unsecured lenders.
Further SuggestionsNegative yield curve
Negative income tax
Negative working capital