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Dictionary.com Unabridged (v 1.1) - Cite This Source - Share This
eq·ui·ty    Audio Help   [ek-wi-tee] Pronunciation Key
–noun, plural -ties.
1.the quality of being fair or impartial; fairness; impartiality: the equity of Solomon.
2.something that is fair and just.
3.Law.
a.the application of the dictates of conscience or the principles of natural justice to the settlement of controversies.
b.a system of jurisprudence or a body of doctrines and rules developed in England and followed in the U.S., serving to supplement and remedy the limitations and the inflexibility of the common law.
c.an equitable right or claim.
d.an equity of redemption.
4.the monetary value of a property or business beyond any amounts owed on it in mortgages, claims, liens, etc.
5.Informal. ownership, esp. when considered as the right to share in future profits or appreciation in value.
6.the interest of the owner of common stock in a corporation.
7.(in a margin account) the excess of the market value of the securities over any indebtedness.
8.(initial capital letter) Actors' Equity Association.

[Origin: 1275–1325; ME equite < L aequitās. See equi-, -ty2]
Dictionary.com Unabridged (v 1.1)
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.
Encyclopædia Britannica, Inc.
Equities

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American Heritage Dictionary - Cite This Source - Share This
eq·ui·ty    Audio Help   (ěk'wĭ-tē)  Pronunciation Key 
n.   pl. eq·ui·ties
  1. The state, quality, or ideal of being just, impartial, and fair.
  2. Something that is just, impartial, and fair.
  3. Law
    1. Justice applied in circumstances covered by law yet influenced by principles of ethics and fairness.
    2. A system of jurisprudence supplementing and serving to modify the rigor of common law.
    3. An equitable right or claim.
    4. Equity of redemption.
    5. The market value of securities less any debt incurred.
    6. Common stock and preferred stock.
  4. The residual value of a business or property beyond any mortgage thereon and liability therein.
    1. The market value of securities less any debt incurred.
    2. Common stock and preferred stock.
  5. Funds provided to a business by the sale of stock.


[Middle English equite, from Old French, from Latin aequitās, from aequus, even, fair.]

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The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2006 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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