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equity

noun
EK-wi-tee/ˈɛkwɪti/

Pluralequities (some meanings)

9 meanings of equity

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  1. 1
    fair treatmentnoununcountable
    Treating everyone fairly and justly, by the standard of what is naturally right.

    The coach treated every player with equity, stars and beginners alike.

    People began to doubt the equity of the new rules.

    Similarfairness, impartiality, justice, evenhandedness

    Oppositeinequity

    Note
  2. 2
    property valuenoununcountable
    What a property is worth after you subtract the debts and other claims against it.

    We have more equity in our house now that the loan is smaller.

    She used the equity in her home to help pay for college.

    Note
  3. 3
    business stakenoununcountable
    Owning part or all of a business, especially what that part is worth in money.

    Workers at the new company get some equity along with their pay.

    She owns equity in her brother's restaurant.

    Similarownership, stake

    Note
  4. 4
    noununcountable
    The owners' share of a company, found by taking its debts away from everything it owns.

    The company's equity went up after it made a big profit this year.

    The yearly report shows how much equity the owners have in the firm.

    Note
  5. 5
    body of lawnounEnglanduncountable
    A set of legal rules that grew from a special court in England, now used together with the common law.

    He studied equity in his second year at law school in London.

    The rules of equity say that a person who looks after money for others must not spend it on themselves.

    Note
  6. 6
    noununcountable
    A court's power to help someone outside the written law, without breaking it, when that law falls short.

    The judge decided the case in equity because no written law fit it.

    Courts of equity can help people when the normal rules give them nothing.

    Note
  7. 7
    being equalnounnonstandarduncountable
    The state of being equal to others.

    Honestly, all we're asking for is equity: the same pay the guys get.

    The town wants equity between its schools, so each one gets the same amount of money.

    Similarequality, parity

    Oppositeinequality

    Note
  8. 8
    legal claimnouncountable
    A legal right someone gets from a deal itself, which they can use if things change later.

    The farmer still had an equity of redemption, so he could get his land back by paying the debt.

    The lawyer said the buyer had an equity because he had already paid for the house.

    Note
  9. 9
    pokernoununcountable
    In poker, the part of the money in the middle that a player can expect to win.

    He knew he had good equity in the hand, so he kept betting.

    My equity dropped when the last card was turned over.

    Note

Practice

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Origin

It comes through French from the Latin word aequitās, meaning 'fairness'.