Meaning & Definition of word "Equity"

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.