equity
Listen:Concise Oxford English Dictionary © 2008 Oxford University Press:
equity /ˈɛkwɪti/
▶noun (pl. equities)
- 1 the quality of being fair and impartial.
- 2 Law a branch of law that developed alongside common law and is concerned with fairness and justice, formerly administered in special courts.
- 3 the value of the shares issued by a company.
■ (equities) stocks and shares that carry no fixed interest.
- 4 the value of a mortgaged property after deduction of charges against it.
- 5 (Equity) a trade union for professional actors.
– origin ME: from OFr. equité, from L. aequitas, from aequus ‘equal’.
'equity' also found in these Oxford entries:
chancery
- equitable
- equity of redemption
- geared
- gearing
- justiciable
- mezzanine
- negative equity
- PEP
- personal equity plan
- ROE
- sweat equity
