VS.

Equity vs. Commodity

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Equitynoun

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

Commoditynoun

Anything movable (a good) that is bought and sold.

Equitynoun

(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.

Commoditynoun

Something useful or valuable.

Equitynoun

(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.

Commoditynoun

(economics) Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.

‘The price of crude oil is determined in continuous trading between professional players in World's many commodities exchanges.’;

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Equitynoun

(legal) Value of property minus liens or other encumbrances.

Commoditynoun

(marketing) Undifferentiated goods characterized by a low profit margin, as distinguished from branded products.

‘Although they were once in the forefront of consumer electronics, the calculators have become a mere commodity.’;

Equitynoun

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.

Commoditynoun

(Marxism) Anything which has both a use-value and an exchange-value.

Equitynoun

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

Commoditynoun

(obsolete) Convenience; usefulness, suitability.

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Equitynoun

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

Commoditynoun

(obsolete) Self-interest; personal convenience or advantage.

Equitynoun

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

Commoditynoun

Convenience; accommodation; profit; benefit; advantage; interest; commodiousness.

‘Drawn by the commodity of a footpath.’; ‘Men may seek their own commodity, yet if this were done with injury to others, it was not to be suffered.’;

Equitynoun

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.

‘Christianity secures both the private interests of men and the public peace, enforcing all justice and equity.’;

Commoditynoun

That which affords convenience, advantage, or profit, especially in commerce, including everything movable that is bought and sold (except animals), - goods, wares, merchandise, produce of land and manufactures, etc.

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Equitynoun

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

‘I consider the wife's equity to be too well settled to be shaken.’;

Commoditynoun

A parcel or quantity of goods.

‘A commodity of brown paper and old ginger.’;

Equitynoun

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

‘Equity had been gradually shaping itself into a refined science which no human faculties could master without long and intense application.’;

Commoditynoun

articles of commerce

Equitynoun

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

Commodity

In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.

Equitynoun

the ownership interest of shareholders in a corporation

Equitynoun

conformity with rules or standards;

‘the judge recognized the fairness of my claim’;

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