equity
equity
/ˈekwəti/
1 uncountable (finance) the value of a company’s shares He plans to raise the company’s return on equity to 15%.
2 uncountable the value of a property after all charges and debts have been paid The couple have no savings except for the equity in their house.
3 equities plural (finance) shares in a company that do not pay a fixed amount of interest 4 uncountable (formal) a situation in which everyone is treated equally a society where justice and equity prevail
5 uncountable (law, especially British English) a system of natural justice allowing a fair judgement in a situation which is not covered by the existing laws The rules of common law and equity are both, in essence, systems of private law.
Word Origin
Middle English: from Old French equité, from Latin aequitas, from aequus ‘equal’.