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equity
10 dictionary results for: Equity
Dictionary.com Unabridged (v 1.1) - Cite This Source - Share This
eq·ui·ty 
[ek-wi-tee] Pronunciation Key
[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.
|
| 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. |
Dictionary.com Unabridged (v 1.1)
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.
American Heritage Dictionary - Cite This Source - Share This
| eq·ui·ty
(ěk'wĭ-tē) Pronunciation Key
n. pl. eq·ui·ties
[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.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2006 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Online Etymology Dictionary - Cite This Source - Share This
equity
equity
c.1315, from O.Fr. equite, from L. æquitatem (nom. æquitas) "equality, conformity, symmetry, fairness," from æquus "even, just, equal." As the name of a system of law, 1591, from Roman naturalis æquitas, the general principles of justice which corrected or supplemented the legal codes.
Online Etymology Dictionary, © 2001 Douglas Harper
WordNet - Cite This Source - Share This
| equity | |
noun | |
| 1. | the difference between the market value of a property and the claims held against it |
| 2. | the ownership interest of shareholders in a corporation |
| 3. | conformity with rules or standards; "the judge recognized the fairness of my claim" [syn: fairness] [ant: inequity] |
WordNet® 3.0, © 2006 by Princeton University.
American Heritage New Dictionary of Cultural Literacy, Third Edition - Cite This Source - Share This
equity
equity
A body of rules or customs based on general principles of fair play rather than on common law or statutory law.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
American Heritage New Dictionary of Cultural Literacy, Third Edition - Cite This Source - Share This
equity
equity
In real estate, the financial value of someone's property over and above the amount the person owes on mortgages. For example, if you buy a house for $100,000, paying $20,000 down and borrowing $80,000, your equity in the house is $20,000. As you pay off the principal of the loan, your equity will rise.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Investopedia - Cite This Source - Share This
Equity
1. Stock or any other security representing an ownership interest.
2. On the balance sheet, the amount of the funds contributed by the owners (the stockholders) plus the retained earnings (or losses). Also referred to as "shareholder's equity".
3. In the context of margin trading, the value of securities in a margin account minus what has been borrowed from the brokerage.
4. In the context of real estate, the difference between the current market value of the property and the amount the owner still owes on the mortgage. Thus, it is the amount, if any, the owner would receive after selling a property and paying off the mortgage.
2. On the balance sheet, the amount of the funds contributed by the owners (the stockholders) plus the retained earnings (or losses). Also referred to as "shareholder's equity".
3. In the context of margin trading, the value of securities in a margin account minus what has been borrowed from the brokerage.
4. In the context of real estate, the difference between the current market value of the property and the amount the owner still owes on the mortgage. Thus, it is the amount, if any, the owner would receive after selling a property and paying off the mortgage.
Investopedia Commentary
Equity is a term whose meaning depends very much on the context. In general, you can think of equity as ownership in any asset after all debts associated with that asset are paid off. For example, a car or house with no outstanding debt is considered the owner's equity since he or she can readily sell the items for cash. Stocks are equity because they represent ownership of a company, whereas bonds are classified as debt because they represent an obligation to pay and not ownership of assets.
Related Links
Stock Basics Tutorial
Keep Your Eyes On The ROE
Margin Trading Tutorial
To Rent or Buy? The Financial Issues - Part 1
See also: Asset, Balance Sheet, Private Equity, Stock, Stockholder's Equity
Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Wallstreet Words - Cite This Source - Share This
equity
- In a brokerage account, the market value of securities minus the amount borrowed. Equity is particularly important for margin accounts, for which minimum standards must be met.
- Stock, both common and preferred. For example, an investor may prefer investing in equities instead of in bonds. Also called equity security.
- In accounting, funds contributed by stockholders through direct payment and through retained earnings. See also owners' equity.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott.
Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
Merriam-Webster's Dictionary of Law - Cite This Source - Share This
Main Entry: eq·ui·ty
Pronunciation: 'e-kw&-tE
Function: noun
Inflected Form: plural -ties
Etymology: Latin aequitat- aequitas fairness, justice, from aequus equal, fair
1 a : justice according to fairness esp. as distinguished from mechanical application of rulesequity> equity require it to be paid for —Federal Reporter A. Magruder> b : something that is equitable : an instance of equity equities>
2 a : a system of law originating in the English chancery and comprising a settled and formal body of substantive and procedural rules and doctrines that supplement, aid, or override common and statutory lawequity, arising under this Constitution —U.S. Constitution article III> —see also CHANCERY —compare COMMON LAW, LAW
NOTE: The courts of equity arose in England from a need to provide relief for claims that did not conform to the writ system existing in the courts of law. Originally, the courts of equity exercised great discretion in fashioning remedies. Over time, they established precedents, rules, and doctrines of their own that were distinct from those used in the courts of law. Although for a time the courts of equity rivaled the law courts in power, the law courts maintained an advantage partly as a result of forcing the equity courts to hear only those cases for which there was no adequate remedy at law. The courts of law and equity were united in England in 1873. Courts of equity also developed in the United States, but in most states and in the federal system courts of law and courts of equity have been joined. The courts apply both legal and equitable principles and offer both legal and equitable relief, although generally equitable relief is still granted when there is no adequate remedy at law. b : the principles that developed in the courts of equity : justice in accordance with equity <equity treats a devisee who procures a will by fraud as a constructive trustee —W. M. McGovern, Junior et al.>; also : justice in accordance with natural law c : a court of equityequity —O. W. Holmes, Junior>
3 : a body of doctrines and rules developed to enlarge, supplement, or override any narrow or rigid system of law
4 a : a right, claim, or interest existing or valid in equity b : the money value of a property or of an interest in property in excess of any claims or liens (as mortgage indebtedness) against it c : a risk interest or ownership right in property; specifically : the ownership interests of shareholders in a company d : the common stock of a corporation —compare ASSET, DEBT
Main Entry: eq·ui·ty
Pronunciation: 'e-kw&-tE
Function: noun
Inflected Form: plural -ties
Etymology: Latin aequitat- aequitas fairness, justice, from aequus equal, fair
1 a : justice according to fairness esp. as distinguished from mechanical application of rules
2 a : a system of law originating in the English chancery and comprising a settled and formal body of substantive and procedural rules and doctrines that supplement, aid, or override common and statutory law
NOTE: The courts of equity arose in England from a need to provide relief for claims that did not conform to the writ system existing in the courts of law. Originally, the courts of equity exercised great discretion in fashioning remedies. Over time, they established precedents, rules, and doctrines of their own that were distinct from those used in the courts of law. Although for a time the courts of equity rivaled the law courts in power, the law courts maintained an advantage partly as a result of forcing the equity courts to hear only those cases for which there was no adequate remedy at law. The courts of law and equity were united in England in 1873. Courts of equity also developed in the United States, but in most states and in the federal system courts of law and courts of equity have been joined. The courts apply both legal and equitable principles and offer both legal and equitable relief, although generally equitable relief is still granted when there is no adequate remedy at law. b : the principles that developed in the courts of equity : justice in accordance with equity <equity treats a devisee who procures a will by fraud as a constructive trustee —W. M. McGovern, Junior et al.>; also : justice in accordance with natural law c : a court of equity
3 : a body of doctrines and rules developed to enlarge, supplement, or override any narrow or rigid system of law
4 a : a right, claim, or interest existing or valid in equity b : the money value of a property or of an interest in property in excess of any claims or liens (as mortgage indebtedness) against it c : a risk interest or ownership right in property; specifically : the ownership interests of shareholders in a company d : the common stock of a corporation —compare ASSET, DEBT
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
Webster's Revised Unabridged Dictionary - Cite This Source - Share This
Equity
Eq"ui*ty\, n.; pl. Equities. [F. ['e]quit['e], L. aequitas, fr. aequus even, equal. See Equal.]1. Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality. Christianity secures both the private interests of men and the public peace, enforcing all justice and equity. --Tillotson. 2. (Law) An equitable claim; an equity of redemption; as, an equity to a settlement, or wife's equity, etc. I consider the wife's equity to be too well settled to be shaken. --Kent. 3. (Law) A system of jurisprudence, supplemental to law, properly so called, and complemental of it. Equity had been gradually shaping itself into a refined science which no human faculties could master without long and intense application. --Macaulay. Note: Equitable jurisprudence in England and in the United States grew up from the inadequacy of common-law forms to secure justice in all cases; and this led to distinct courts by which equity was applied in the way of injunctions, bills of discovery, bills for specified performance, and other processes by which the merits of a case could be reached more summarily or more effectively than by common-law suits. By the recent English Judicature Act (1873), however, the English judges are bound to give effect, in common-law suits, to all equitable rights and remedies; and when the rules of equity and of common law, in any particular case, conflict, the rules of equity are to prevail. In many jurisdictions in the United States, equity and common law are thus blended; in others distinct equity tribunals are still maintained. See Chancery. Equity of redemption (Law), the advantage, allowed to a mortgageor, of a certain or reasonable time to redeem lands mortgaged, after they have been forfeited at law by the nonpayment of the sum of money due on the mortgage at the appointed time. --Blackstone. Syn: Right; justice; impartiality; rectitude; fairness; honesty; uprightness. See Justice.
Webster's Revised Unabridged Dictionary, © 1996, 1998 MICRA, Inc.
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