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Gurgen Posted 14 years ago
Vocabulary

sideways?

-My friend, Ellen, used to live in that house until they had to,
like, leave because her dad couldn't pay for their mortgage.
He was -- he was sideways on it.

-Upside down.

-What?

-He was upside down on the mortgage.

......
what does sideways mean?
It means being drunk?
thanks...
  

Top answer

"Sideways" is a term from investing. A synonym is "flat". A market is said to be going sideways when prices, rates, whatever are neither going up nor going down very much.

  • "Sideways" is a term from investing.
  • A synonym is "flat".
  • A market is said to be going sideways when prices, rates, whatever are neither going up nor going down very much.
  • It is a little joke.
  • It does not mean "drunk" in any case.
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2 Answers
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"Sideways" is a term from investing. A synonym is "flat". A market is said to be going sideways when prices, rates, whatever are neither going up nor going down very much. It is a little joke. It does not mean "drunk" in any case.

A loan or a borrower is said to be upside-down when he owes more than the value of the property he is paying on. That is also called being in the bucket.

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