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Noun: equity  e-kwu-tee
  1. The difference between the market value of a property and the claims held against it
     
  2. The ownership interest of shareholders in a corporation
     
  3. Conformity with rules or standards
    "the judge recognized the equity of my claim";
    - fairness
     
  4. Treatment of different views or opinions equally and fairly
    - impartiality, nonpartisanship
     
  5. (law) a legal tradition dealing with fairness and ethics

Derived forms: equities

See also: fair, just, unfair, unjust

Type of: assets, disposition, inclination, interest, justice, justness, stake, tendency

Antonym: inequity

Encyclopedia: Equity, Alberta