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equity

Syllabification: (eq·ui·ty)
Pronunciation: /ˈekwitē/
Translate equity | into German | into Italian | into Spanish
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
  • (equities) stocks and shares that carry no fixed interest.
  • 3the value of a mortgaged property after deduction of charges against it.

Origin:

Middle English: from Old French equité, from Latin aequitas, from aequus 'equal'

equity in other Oxford dictionaries

Definition of equity in the British & World English dictionary