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Definition of Equity
1. Noun. The difference between the market value of a property and the claims held against it.
2. Noun. The ownership interest of shareholders in a corporation.
3. Noun. Conformity with rules or standards. "The judge recognized the fairness of my claim"
Specialized synonyms: Non-discrimination, Sportsmanship
Generic synonyms: Justice, Justness
Attributes: Fair, Just, Unfair, Unjust
Antonyms: Inequity, Unfairness
Derivative terms: Fair, Fair
Definition of Equity
1. 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.
Definition of Equity
1. Noun. Ownership, especially in terms of net monetary value of some business. ¹
2. Noun. (legal) A legal tradition that deals with remedies other than (monetary) relief, such as injunctions, divorces and similar actions. ¹
3. Noun. (legal) Value of property minus liens or other (encumbrances). ¹
4. Noun. (accounting) Ownership interest in a company as determined by subtracting liabilities from (assets). ¹
5. Noun. Justice, impartiality or fairness. ¹
¹ Source: wiktionary.com
Definition of Equity
1. fairness or impartiality [n -TIES]
Lexicographical Neighbors of Equity
Literary usage of Equity
Below you will find example usage of this term as found in modern and/or classical literature:
1. Reports of Cases Argued and Determined in the High Court of Chancery: During by Great Britain Court of Chancery, Edward Thurlow Thurlow, Alexander Wedderburn Rosslyn, Jonathan Cogswell Perkins (1845)
"The application of the joint estate of partners to the discharge of their joint
debts, in the first place, is the equity, not of the joint creditors, ..."
2. The Law Reports by John Fraser Macqueen, Great Britain Parliament. House of Lords (1866)
"But if a stranger builds on land knowing it to be the property of another, equity
will not prevent the real owner from afterwards claiming the land, ..."
3. The Nicomachean Ethics of Aristotle by Aristotle (1891)
"We have next to speak of equity and of that l which is equitable, and to inquire
how equity is related to justice, and that which is equitable to that which ..."
4. Montgomery's Manual of Federal Procedure, Practice and Forms by Charles Carroll Montgomery (1918)
"Suits in equity—Rules of Procedure. Suits in equity are governed by the ...
Chapter 25, post, gives the main steps in an equity suit under these rules. ..."
5. A Compendium of the Law and Practice of Vendors and Purchasers of Real Estate by Joseph Henry Dart (1883)
"It is granted on the sole ground that from certain equitable circumstances, of
which the court of equity granting the process has cognizance, it is against ..."
6. Popular Law Library, Putney by Albert Hutchinson Putney (1908)
"CHAPTER I. NATURE AND SCOPE OF equity. SECTION 1. DEFINITION OF equity. On account
of the peculiar nature of equity jurisprudence, it has always been very ..."
Other Resources:
