positive equity

**Positive Equity**

Positive equity refers to the financial situation where the current market value of an asset, such as a home or investment property, is greater than the outstanding balance owed on any loans or mortgages secured against it. In simpler terms, it means you own more of the asset than you owe. Positive equity is often seen as a key indicator of financial health and stability, providing opportunities for refinancing, borrowing, or selling the asset for a profit. This term is commonly used in real estate and personal finance discussions.