Equity vs. Commodity — What's the Difference?

The state or quality of being just and fair.

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.

Something that is just and fair.

Something useful that can be turned to commercial or other advantage

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 product or service that is indistinguishable from ones manufactured or provided by competing companies and that therefore sells primarily on the basis of price rather than quality or style.

See court of equity.

(Archaic) Advantage; benefit.

An equitable right or claim

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

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

Something useful or valuable.

Equities Shares of common stock or preferred stock.

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

The value of a brand's reputation.

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

Representing an ownership interest

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

Of or relating to stocks

(obsolete) Convenience; usefulness, suitability.

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

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

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

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

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

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.

(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.

A parcel or quantity of goods.

(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.

Articles of commerce

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;