Meaning & Definition of word "Equity"
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Equity
/ˈɛkwɪti/
noun:
- 1. The quality of being fair and impartial.
- Example: Equity in the workplace ensures that all employees have the same opportunities for advancement.
- 2. The value of shares issued by a company.
- Example: He decided to invest in the company's equity to benefit from its growth.
- 3. The value of an ownership interest in property, after deducting any liabilities.
- Example: Their home had a significant equity that they could tap into for their retirement.
Etymology
Middle English: from Old French 'equité', from Latin 'aequitatem', from 'aequus' meaning 'equal'.
Common Phrases and Expressions
equity stake:
A share or interest in a property or business.
equity markets:
Financial markets where equities are traded.
home equity:
The value of a homeowner's interest in their home.
Related Words
fairness:
The quality of making judgments that are free from discrimination.
justice:
The administration of the law or authority in maintaining fairness.
proportion:
A part, share, or number considered in comparative relation to a whole.
Slang Meanings of equity
Meaning: Sweat equity
Example Sentence: He put in a lot of sweat equity to renovate the property.
Meaning: Equity partner
Example Sentence: She became an equity partner after proving her value to the firm.