| Date: | 1300-1400 |
| Language: | French |
| Origin: | équité, from Latin aequitas, from aequus; EQUAL1 |
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
a society run on the principles of equity and justice2 [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 shares in a company from which the owner of the shares receives some of the company's profits rather than a fixed regular payment
equities
[plural] technicalBFS4 [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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