Pronunciations (3)
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/ˈɛk.wɪ.ti/
Pronunciation notes
- Western
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/i.kwɪʈ.i/
Pronunciation notes
- South-Asia
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ˈɛk.wɪ.ti
Pronunciation notes
- US
Noun
Fairness, impartiality, or justice as determined in light of "natural law" or "natural right".
Usage- Countable
- Uncountable
- Examples
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More examples (1)
Sufficeth what they in their graue wiſedoomes ſhall proſcribe, I in no ſorte will ſeeke to acquite, nor preſumptuouſly attempte to diſpute againſt the equity of their iudgementes, but humble and proſtrate appeale to their mercies.
“One of the staff said, ‘That’s fine, Delia. But what do wolves have to do with equity, justice and inclusion?’" Ms. Malone said.
Various related senses originating with the Court of Chancery in late Medieval England The power of a court of law having extra-statutory discretion, to decide legal matters and to provide legal relief apart from, though not in violation of, the prevailing legal code; in some cases, a court "sitting in equity" may provide relief to a complainant should the code be found either inapplicable or insufficient to do so.
Usage- Countable
- Uncountable
- Examples
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1800, Lloyd Kenyon, 1st Baron Kenyon in Mayor, &c. of Southampton v. Graves (1800), 8 T. R. 592. A Court of equity knows its own province.
A Court of equity interposes only according to conscience.
More examples (1)
Equity had been gradually shaping itself into a refined science which no human faculties could master without long and intense application.
Various related senses originating with the Court of Chancery in late Medieval England A right which accrues to a party in a transaction because of the nature of the transaction itself, and which is exercisable upon a change of circumstances or conditions; in other words, an equitable claim.
Usage- Countable
- Uncountable
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More examples (2)
...the mortgagor retains ‘equitable title’ or the ‘equity of redemption’….The equity of redemption permits the mortgagor to regain legal title to the mortgaged property upon satisfying the conditions of the mortgage...
The wife's equity does not, according to the adjudged cases, attach, except upon that part of her personal property in action which the husband cannot acquire without the assistance of a court of equity
Various related senses originating with the Court of Chancery in late Medieval England The body of law which was developed in the English Court of Chancery, which Court had extra-statutory discretion, and is now administered alongside the common law of Britain.
Usage- England
- Countable
- Uncountable
Various senses related to net value Value of property minus liens or other encumbrances.
Usage- Countable
- Uncountable
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I have a lot of equity in my house.
Various senses related to net value Ownership, especially in terms of net monetary value of some business.
Usage- Countable
- Uncountable
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More examples (1)
Private-equity nabobs bristle at being dubbed mere financiers. Piling debt onto companies’ balance-sheets is only a small part of what leveraged buy-outs are about, they insist. Improving the workings of the businesses they take over is just as core to their calling, if not more so. Much of their pleading is public-relations bluster.
Various senses related to net value Ownership interest in a company as determined by subtracting liabilities from assets.
Usage- Countable
- Uncountable
Various senses related to net value A player's expected share of the pot.
Usage- Countable
- Uncountable
Equality
Usage- Countable
- nonstandard
- Uncountable
- Examples
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What steps the Government are taking to help ensure equity of opportunity for people from low-income families.
Noun
the difference between the market value of a property and the claims held against it
- Broader terms
the ownership interest of shareholders in a corporation
conformity with rules or standards
- Synonyms
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- Examples
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the judge recognized the fairness of my claim