What does it mean to be under water financially? (2024)

What does it mean to be under water financially?

"Underwater" is the term for a financial contract or asset that is worth less than its notional value. More commonly though, the term is used in relation to a house, or another substantial asset, which has an outstanding mortgage or loan on the asset that is a larger amount than what the asset is worth.

What does it mean to say I am under water?

b) To be 'under the water' or having your 'head underwater' means - you're feeling emotionally drowned or 'in over your head'.

What does the phrase underwater mean?

being, occurring, or going under the surface of the water, esp the sea: underwater exploration.

What does it mean to be underwater on your mortgage?

An underwater mortgage, sometimes called an upside-down mortgage, is a home loan with a higher principal than the home is worth. This happens when property values fall but you still need to repay the original balance of your loan.

Which word means to cause to be underwater?

submerged; submerging. Synonyms of submerge. transitive verb. 1. : to put under water.

What does above water mean finance?

The phrase "above water" typically means to be in a state of financial stability or solvency, as opposed to being in debt or in financial difficulty, which is often referred to as being "under water." In other words, if someone is "above water," they are able to manage their debts and bills and are not in financial ...

What is an example sentence for under the water?

Suddenly she vanished under the water. "Hopefully, it's all bridge under the water". But the real magic happens under the water. "My feet is slowly walking the sand under the water".

How do you use under water in a sentence?

giant submarines able to travel at high speeds underwater. Some stretches of beach are completely underwater at high tide. State television showed film of vast areas of farmland underwater.

What is the word for living under water?

synonyms: subaquatic, subaqueous, submersed, underwater aquatic. operating or living or growing in water.

What is the difference between under water and underwater?

One trick to recognizing the difference is remembering that the longer term has a longer function. Under water functions as a prepositional phrase. Meanwhile, the one-word underwater is only an adjective or adverb.

What does it mean when a company is under water?

In many cases, this decline may have left your options “underwater”. That means the current valuation of your company's common stock lower than the exercise price of your options. This is certainly not a happy situation, but with a little luck and proper navigation, it could turn out to be an opportunity.

What is the difference between in water and underwater?

What is the difference between in and under water? It is mostly a matter of perspective. We tend to use the term “underwater” to refer to anyone under the surface of the water. But really they are in the water.

What is underwater debt?

“Being underwater or upside-down on a home, car or any other asset means that you owe more than the current value and have negative equity,” says Greg McBride, chief financial analyst at Bankrate. Being upside-down is much less common now than it was in the Great Recession.

What is considered house poor?

The expressions “house poor” and “house broke” refer to the situation where homeowners have bought homes beyond their means. They end up spending all their income on repairs and expenses, forgoing vacations and discretionary spending.

What is it called when you owe more on your house than it's worth?

The expression you'll see most often is “underwater mortgage,” which is an informal way to describe a homeowner who owes more on their home than its current value. Some people also use “upside-down loan” and “negative equity” interchangeably. Once again, the two terms refer to the exact same situation.

What is the Oxford definition of underwater?

adjective. /ˌʌndərˈwɔt̮ər/ , /ˌʌndərˈwɑt̮ər/ [only before noun] found, used, or happening below the surface of water underwater creatures an underwater camera.

What are two synonyms for submerged?

What is another word for breathing underwater?

Breathing underwater or underwater breathing may refer to: Aquatic respiration.

What does exceed water mean?

Excess water refers to water that is more than what is needed for reasonable and beneficial use by those who have priority rights. It is also known as surplus water. This can occur in streams or other bodies of water and is not needed for irrigation, drinking, or other essential uses.

What does it mean to be above board?

/əˈbʌv bɔːrd/ If a plan or business agreement is above board, it is honest and not trying to deceive anyone: The deal was completely open and above board. SMART Vocabulary: related words and phrases. Honesty, openness & sincerity.

Is it correct to say under water?

They are not 'under the water', because you can see them. They are 'in the water' because parts of them are 'under the water'. under (the) water (underwater) - in practically all contexts means "underneath or beneath the surface of the water" = submerged.

What are the four types of sentence water?

Sentences are of four main types – assertive/declarative, interrogative, imperative and exclamatory.

What is the five sentence on importance of water in our life?

It is impossible for humans to survive and sustain without water. Water is used in our daily life for cleaning, drinking, washing clothes, and growing food. Water is also used for generating electricity, manufacturing goods. Rivers, seas, and oceans help in transportation of goods.

How do you use water in a meaningful sentence?

[M] [T] You can't live without water. [M] [T] I poured water into the bucket. [M] [T] All plants need water and light. [M] [T] He filled the bottle with water.

Where do we use under in a sentence?

When we use under as a preposition, it is similar to below. We use under to talk about something that is below or lower than something else: The cat is under the table. His shoes were under his bed.