equity
equity definition
equi·ty (ek′wit ē)
noun pl. equities -·ties
- fairness; impartiality; justice
- anything that is fair or equitable
- ☆ the value of property beyond the total amount owed on it in mortgages, liens, etc.
- Accounting, Finance
- assets minus liabilities; net worth; capital
- that portion of a company's net worth belonging to its owners or shareholders shareholders' equity
- shares of stock bonds and equities
- Law
- resort to general principles of fairness and justice whenever existing law is inadequate
- a system of rules and doctrines, as in the U.S., supplementing common and statute law and superseding such law when it proves inadequate for just settlement
- a right or claim recognized in a court of equity
- equity of redemption
Etymology: ME equite < OFr équité < L aequitas, equality < aequus: see equal
adjective
of or relating to stocks, stock markets, etc. equity financing
Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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