EQUITY Meaning and
Definition
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Equity is a multifaceted term that has different meanings depending on the context in which it is used. In general, equity refers to fairness, justice, and impartiality.
In the field of law, equity is a branch of jurisprudence that evolved to provide justice in cases where the application of strict legal rules would result in unfair outcomes. Equity seeks to ensure fairness by considering principles such as the intent of the parties involved, the specific circumstances of the case, and the prevention of unjust enrichment. It is administered by courts and operates alongside common law to achieve justice in cases involving property rights, trusts, contracts, and other areas of law.
In finance and accounting, equity is the ownership interest that shareholders have in a company. It represents the residual value of assets after liabilities have been deducted. Equity can be measured as the net worth of a business or as the value of shares held by individuals or institutions.
Additionally, equity is often used in the context of social justice and equality. It refers to the idea of fairness and justice in the distribution of resources, opportunities, and privileges within a society. Achieving equity involves addressing systemic and structural barriers that create disparities and ensuring that everyone has access to the same rights and opportunities.
Overall, equity encompasses the principles of fairness, justice, and impartiality in various domains, from law to finance to social justice.
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Impartial distribution of justice; just regard to right or claim; the supplying of the defects in law by judging according to reason and justice; court of equity, a tribunal, distinct from the common law courts of the country, in which justice is administered by a separate body of laws created and sustained on the strength of precedents or usage, or in which cases are decided according to reason and justice, when they appear to be excepted from the general provisions of the law.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Top Common Misspellings for EQUITY *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for EQUITY
Etymology of EQUITY
The word "equity" derives from the Latin word "aequitas", which itself comes from the adjective "aequus" meaning "equal" or "fair". In ancient Rome, "aequitas" was used to describe justice, fairness, and moral principles. Over time, the term was adopted into Old French as "equité" and later into Middle English as "equite". In English, "equity" came to refer to the principles of fairness, impartiality, and justice, particularly in the legal field. Today, it is commonly used to represent fairness or impartiality in various contexts beyond law, such as financial fairness or equal opportunity.
Idioms with the word EQUITY
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Asset/equity ratio
Asset/equity ratio is a financial metric used to evaluate the amount of leverage a company has by comparing its total assets to its shareholders' equity. It indicates the proportion of a company's assets that are financed by debt versus equity. A higher ratio typically indicates higher financial risk due to a greater reliance on debt financing.
Similar spelling words for EQUITY
- ACTE,
- aught,
- ACD/MIS,
- AEGT,
- Agouta,
- AQDT,
- Wagati,
- ICAT,
- ECKD,
- Yoked,
- Wagged,
- equate,
- AHKD,
- AGT,
- ACAT/H,
- AEAGT,
- EOCCT,
- Agote,
- ECAD,
- ECODU,
- Waught,
- ICD-9,
- ACTI,
- equip,
- OKTT,
- wicket-keeper,
- EGAT,
- yakety-yak,
- ACTY,
- Aucht,
- AGHT,
- AKT/PKB,
- Agouty,
- OKD,
- act,
- IKT,
- Agata,
- acuity,
- IgD1,
- EGOT,
- EGATA,
- yacht,
- ICDT,
- Egghot,
- quite,
- EGGD,
- ACUT,
- Octo-,
- ACTO,
- GE/ACT,
- echt,
- Agatta,
- Ugetta,
- EGT,
- ICCT,
- OECD,
- HER2-ECD,
- WECT,
- ACAT,
- Waygate,
- AOCDA,
- AGDE,
- Eyght,
- ACCAD,
- ACCT,
- UCT,
- agate,
- WYCD,
- acute,
- Agued,
- EGHT,
- AL/OQD,
- EQT-II,
- AKT,
- ECATI,
- EKAD,
- CSB/ECAD,
- Auget,
- aikido,
- ect,
- AQIT,
- AGTA,
- ACD,
- Agaty,
- Waked,
- Oecoid,
- equality,
- EHCAT,
- Big-wigged,
- AQTE,
- Eked,
- equid,
- ICCAT,
- EGWWT,
- HYPER-IGD,
- BEST-ICD,
- OQT,
- AEQD,
- Ecoute,
- Agoti,
- ICTA,
- egghead,
- EGUD,
- ICAD,
- ACTO-S1,
- ACTWU,
- IGT,
- DN-AKT,
- wicked,
- OKT3,
- ACQD,
- EKYT,
- ACAAD,
- ought,
- ACT-D,
- EGTA,
- ACKT,
- Ecto-,
- ECDIE,
- UCD,
- AGTW,
- EGTT,
- yakkety-yakked,
- oct,
- SIG/ACT,
- EICTA,
- AKIT,
- EQTII,
- EKT,
- AKUT,
- ECCTT,
- AQOT,
- Egad,
- Agood,
- Octa-,
- AKD/RCU,
- ACAD,
- acuate,
- acquit,
- quit,
- OGD,
- ACTA,
- ECTO-PK,
- Act2,
- equator,
- AGAT,
- EGDA,
- EQUAT,
- ECDTI,
- EICD,
- EAICD,
- AGDY,
- ECTO-ADA,
- ICD-10-DCR,
- IGDA,
- AYGD,
- ACT/PD,
- ACD-ESS,
- agouti,
- EGDT,
- UGT,
- OCAD,
- ACKED,
- ACDA,
- Acquiet,
- whacked,
- ACD-PCR,
- EICCD,
- Egged,
- Acute-angled,
- EHKD,
- Agueda,
- ALPHA1-ACT,
- weekday,
- AHQT,
- IgD2,
- EQT,
- OGT,
- EICT,
- Agota,
- WICD,
- AKD,
- EUGD,
- igd,
- UCTEA,
- ESTO/ACT,
- WAGT,
- wigged,
- CA-AKT,
- Egoity,
- ECCODE,
- CO-ACD,
- Aqueity,
- AGDU,
- equidae,
- IGAD,
- wicket,
- ICATO,
- Agot,
- ICD,
- co-act,
- EGODA,
- ECAHTI,
- ICATU,
- EKD,
- ICD-O,
- GM-AGT,
- EGD,
- ICTY,
- ECTO-ATPASE,
- yakety-yakked,
- ACTU,
- AQDE,
- ACTO-HMM,
- EICDT,
- ICD-10,
- EOCAD,
- Waucht,
- ICT,
- actaea,
- EGHD,
- AQTD,
- agueweed,
- ECHTU,
- IACWD,
- AGD,
- yakut,
- EKID,
- ACT-C,
- ICD-10-CM,
- EQATE,
- AGTTU,
- acadia,
- ACTEW,
- EKT/V,
- EKAT,
- ECD,
- IQD,
- EKOD,
- ACUTA,
- Ocotea,
- OUGHTA,
- EGTE,
- OCD,
- ACT-R.
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