Equity

['ekwɪtɪ] or ['ɛkwəti]

Definition

(noun.) the ownership interest of shareholders in a corporation.

(noun.) the difference between the market value of a property and the claims held against it.

Editor: Rochelle--From WordNet

Definition

(n.) Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality.

(n.) An equitable claim; an equity of redemption; as, an equity to a settlement, or wife's equity, etc.

(n.) A system of jurisprudence, supplemental to law, properly so called, and complemental of it.

Inputed by Effie

Synonyms and Synonymous

n. [1]. Justice, right.[2]. Chancery.

Editor: William

Synonyms and Antonyms

[See EQUITABLE]

Editor: Nat

Definition

n. right as founded on the laws of nature: moral justice of which laws are the imperfect expression: the spirit of justice which enables us to interpret laws rightly: fairness.—adj. Eq′uitable possessing or showing equity: held or exercised in equity.—n. Eq′uitableness.—adv. Eq′uitably.

Typed by Anatole

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