Longman Dictionary of Contemporary English homepage

Topic: FINANCE

Date: 1300-1400
Language: French
Origin: équité, from Latin aequitas, from aequus; EQUAL1

equity

noun
     
eq‧ui‧ty
1 [uncountable] formal a situation in which all people are treated equally and no one has an unfair advantage [≠ inequity]:
a society run on the principles of equity and justice
2 [uncountable] technicalBF the amount of money that you would have left if you sold your house and paid off the money you borrowed to buy the house
3

equities

[plural] technicalBFS shares in a company from which the owner of the shares receives some of the company's profits rather than a fixed regular payment
4 [uncountable] law the principle that a fair judgment must be made in a situation where the existing laws do not provide an answer
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