Legal Dictionary
Main Entry:
ow·el·tyPronunciation:
'O-&l-tEFunction:
nounInflected Form:
plural -tiesEtymology: Anglo-French
oelté equality, from Latin
aequalitat- aequalitas : a lien created or a pecuniary sum paid by order of the court to effect an equitable partition of property (as in divorce) when such a partition in kind would be impossible, impracticable, or prejudicial to one of the parties
owelty award>