The quality of being fair and impartial. The judge was known for his commitment to equity in all his rulings.
The value of the shares issued by a company. Investors are interested in the company's equity to determine its financial health.
The value of a mortgaged property after deduction of charges against it. After paying off a portion of the mortgage, the homeowner's equity in the property increased.
A body of law that complements common law by applying principles of fairness and justice. Trust disputes are often settled in courts of equity.