Equity | Mean of equity in English Dictionary
/ˈɛkwəti/
- Noun
- fairness or justice in the way people are treated
- In making these decisions we should be governed by the principle of equity.
- the value of a piece of property (such as a house) after any debts that remain to be paid for it (such as the amount of a mortgage) have been subtracted
- We've been slowly paying off our mortgage and building up equity in our house.
- a home equity loan [=a loan based on the amount of equity you have in your home]
- a share in a company
- Half of his money is invested in bonds and the other half in equities.
