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Equity

Look up equity in Wiktionary, the free dictionary.

Contents

Equity may refer to:

Finance, accounting and ownership

  • Equity (finance), the value of an ownership interest in property, including shareholders' equity in a business
  • Stock, the generic term for common equity securities are called stock;
  • Home equity, the difference between the fair market value and unpaid mortgage balance on a home
  • Private equity, stock in a privately held company
  • Equity in income of affiliates, an accounting term referring to the consolidated or unconsolidated ownership in affiliate companies

From Wikipedia under the GNU Free Documentation License
Sun Apr 8 23:24:44 2012

Noun

equity (countable and uncountable; plural equities)

  1. Ownership, especially in terms of net monetary value of some business.
  2. (law) A legal tradition that deals with remedies other than monetary relief, such as injunctions, divorces and similar actions.
  3. (law) Value of property minus liens or other encumbrances.
  4. (accounting) Ownership interest in a company as determined by subtracting liabilities from assets.
  5. Justice, impartiality or fairness.
References
  • equity” in the Online Etymology Dictionary, Douglas Harper, 2001

From Wiktionary under the GNU Free Documentation License
Wed Apr 18 20:58:54 2012


Equity is the name given to the set of legal principles, in jurisdictions following the English common law tradition, that supplement strict rules of law where their application would operate harshly. In civil legal systems, broad "general clauses" allow judges to have similar leeway in applying the code.

Sourced

  • Equity is as long as the chancellor's foot.
    • Reported as an "old maxim" in the Journal of the District of Columbia Bar Association: Volume 7 (1940).

From Wikiquote under the GNU Free Documentation License
Wed Nov 23 13:12:17 2011


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