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equity
Definitions
[ˈɛkwɪti], (Noun)
Definitions:
- the quality of being fair and impartial
(e.g: equity of treatment)
- the value of the shares issued by a company
(e.g: he owns 62% of the group's equity)
- the value of a mortgaged property after deduction of charges against it
(e.g: people who have built up a significant amount of equity in their homes)
- (in the UK, US, and several other countries) a trade union to which all professional actors must belong
(e.g: an Equity card)
Phrases:
Origin
:
Middle English: from Old French equité, from Latin aequitas, from aequus ‘equal’
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definition by Oxford Dictionaries