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Definition of equity
noun (plural equities)
1the quality of being fair and impartial:equity of treatment Law a branch of law that developed alongside common law in order to remedy some of its defects in fairness and justice, formerly administered in special courts. (Equity) (in the US, UK, and several other countries) a trade union to which most professional actors belong. 2the value of the shares issued by a company:he owns 62% of the group’s equity
) stocks and shares that carry no fixed interest.
3the value of a mortgaged property after deduction of charges against it.