eq·ui·ty 
(
k
w
-t
)
KEY NOUN: pl. eq·ui·ties
- The state, quality, or ideal of being just, impartial, and fair.
- Something that is just, impartial, and fair.
- Law
- Justice applied in circumstances covered by law yet influenced by principles of ethics and fairness.
- A system of jurisprudence supplementing and serving to modify the rigor of common law.
- An equitable right or claim.
- Equity of redemption.
- The residual value of a business or property beyond any mortgage thereon and liability therein.
- The market value of securities less any debt incurred.
- Common stock and preferred stock.
- Funds provided to a business by the sale of stock.
ETYMOLOGY:Middle English
equite, from Old French, from Latin
aequit
s, from
aequus,
even, fair
