VS.

Equity vs. Equitable

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Equitynoun

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

Equitableadjective

Marked by or having equity.

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.

Equitableadjective

Fair, just, or impartial.

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.

Equitableadjective

(legal) Relating to the general principles of justice that correct or supplement the provisions of the law.

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Equitynoun

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

Equitableadjective

Possessing or exhibiting equity; according to natural right or natural justice; marked by a due consideration for what is fair, unbiased, or impartial; just; as, an equitable decision; an equitable distribution of an estate; equitable men.

‘No two . . . had exactly the same notion of what was equitable.’;

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.

Equitableadjective

That can be sustained or made available or effective in a court of equity, or upon principles of equity jurisprudence; as, an equitable estate; equitable assets, assignment, mortgage, etc.

Equitynoun

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

Equitableadjective

implying justice dictated by reason, conscience, and a natural sense of what is fair to all;

‘equitable treatment of all citizens’; ‘an equitable distribution of gifts among the children’;

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Equitynoun

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

Equitableadjective

fair and impartial

‘the equitable distribution of resources’;

Equitynoun

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

Equitableadjective

valid in equity as distinct from law

‘the beneficiaries have an equitable interest in the property’; ‘the difference between legal and equitable rights’;

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.’;

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.’;

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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.’;

Equitynoun

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

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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