equity Hear it!

equity definition - finance
  1. Stock, either common or preferred.
  2. The difference between the value of a house, or other real estate, and the amount owed on the mortgage.
  3. An ownership stake in a partnership or joint venture.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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