When the outstanding balance of a loan grows larger because each monthly payment is too small to cover both the principal and interest of that loan. This sometimes happens with adjustable rate mortgages.
Negative cash flow
When operating expenses exceed income and an owner must make a financial contribution.
Negative charge
(1) A minus electrical charge. (2) An electrical charge equal to that of an electron.
Negative ion generator
An air cleaning device that uses static charges to remove particulates from indoor air.
Negative leverage
When borrowed funds cost more than they produce.
Negative pressure
Less than atmospheric pressure.
Negative-slope driveway
Driveway that goes downward from the street level to the garage.
Negotiable
Able to be changed through discussions and modifications. Alternately, something that is legally transferred to another by endorsement or proper delivery.
Negotiable instrument
A promise to pay money, transferable from one person to another.
Negotiate
(1) To bargain or attempt to reach an agreement through discussion. (2) To travel over difficult ground.
