Equity

/ˈɛkwɪti/

Meaning & Definition

noun
The quality of being fair and impartial.
Equity in the workplace ensures that all employees have the same opportunities for advancement.
The value of shares issued by a company.
He decided to invest in the company's equity to benefit from its growth.
The value of an ownership interest in property, after deducting any liabilities.
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

Sweat equity
He put in a lot of sweat equity to renovate the property.
Equity partner
She became an equity partner after proving her value to the firm.