Equity vs. Asset — What's the Difference?

The state or quality of being just and fair.

In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value.

Something that is just and fair.

A useful or valuable quality, person, or thing; an advantage or resource

Justice achieved not simply according to the strict letter of the law but in accordance with principles of substantial justice and the unique facts of the case.

A valuable item that is owned.

See court of equity.

A spy working in their own country and controlled by a foreign power or an enemy.

An equitable right or claim

(Accounting) The entries on a balance sheet showing all properties, both tangible and intangible, and claims against others that may be applied to cover the liabilities of a person or business. Assets can include cash, stock, inventories, property rights, and goodwill.

Ownership interest in a corporation, property, or other holding, usually calculated as the value of the holding after subtracting any debt or liabilities.

The entire property owned by a person, especially a bankrupt, that can be used to settle debts.

Equities Shares of common stock or preferred stock.

A thing or quality that has value, especially one that generates cash flows.

The value of a brand's reputation.

(accounting) Any item recorded on the left-hand side of a balance sheet.

Representing an ownership interest

(software) Any component, model, process or framework of value that can be leveraged or reused.

Of or relating to stocks

(espionage) An intelligence asset.

Subordinated to all other claims on income, earnings, or assets

A woman's breasts or buttocks or a man's genitalia.

Fairness, impartiality, or justice as determined in light of "natural law" or "natural right".

Any article or separable part of one's assets.

(legal) Various related senses originating with the Court of Chancery in late Medieval England

A useful or valuable quality

(legal) The power of a court of law having extra-statutory discretion, to decide legal matters and to provide legal relief apart from, though not in violation of, the prevailing legal code; in some cases, a court "sitting in equity" may provide relief to a complainant should the code be found either inapplicable or insufficient to do so.

(legal) A right which accrues to a party in a transaction because of the nature of the transaction itself, and which is exercisable upon a change of circumstances or conditions; in other words, an equitable claim.

The body of law which was developed in the English Court of Chancery, which Court had extra-statutory discretion, and is now administered alongside the common law of Britain.

(finance) Various senses related to net value

Value of property minus liens or other encumbrances.

(business) Ownership, especially in terms of net monetary value of some business.

(accounting) Ownership interest in a company as determined by subtracting liabilities from assets.

(poker) A player's expected share of the pot.

(nonstandard) Equality

Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality.

An equitable claim; an equity of redemption; as, an equity to a settlement, or wife's equity, etc.

A system of jurisprudence, supplemental to law, properly so called, and complemental of it.

The difference between the market value of a property and the claims held against it

The ownership interest of shareholders in a corporation

Conformity with rules or standards;