Share this entry

Share this page

equity

Line breaks: equity
Pronunciation: /ˈɛkwɪti
 
/

Definition of equity in English:

noun (plural equities)

[mass noun]
1The quality of being fair and impartial: equity of treatment
More example sentences
  • It was based on principles of equity, people-centredness, quality and accountability.
  • Where are the health strategy principles of quality, equity, and accessibility?
  • The focus here has rarely been on equity or on a fair deal for the poor.
Synonyms
1.1 Law A branch of law that developed alongside common law and is concerned with fairness and justice, formerly administered in special courts: if there is any conflict between the principles of common law and equity, equity prevails
More example sentences
  • As stated, the common law and equity each developed the duty of care, but they did so independently of each other.
  • Many other acts by the plaintiffs are also prohibited, whether by statute, common law or equity, or under the Treaty.
  • This rule has always been statutory and does not arise from either common law or equity.
2The value of the shares issued by a company: he owns 62% of the group’s equity
More example sentences
  • The board of IDBI Bank will meet on May 19 to consider a rights issue of its equity shares.
  • They align incentives around enterprise-level outcomes such as market share and return on equity.
  • Like all convertible bonds, CoCos can be swapped for equity if the share price reaches a certain target.
Synonyms
value, worth, valuation;
ownership, rights, proprietorship, right of possession
2.1 (equities) Stocks and shares that carry no fixed interest: trading in equities is governed by market rules
More example sentences
  • They can now invest in a complete range of assets from property to equities and bonds.
  • Many investors act primarily as consumers of equities rather than as shared proprietors.
  • Today, the herd talks of giving up on equities just when stocks have never been cheaper.
3The value of a mortgaged property after deduction of charges against it: people who have built up a significant amount of equity in their homes
More example sentences
  • The equity in the properties appears to be in the region of £9 million.
  • While living in his house, he refinanced it repeatedly, pulling out equity to buy other properties.
  • As a result, the ratio of mortgage debt to home equity is at near-record highs.
4 (Equity) (In the UK, US, and several other countries) a trade union to which all professional actors must belong: [as modifier]: an Equity card

Origin

Middle English: from Old French equité, from Latin aequitas, from aequus 'equal'.

More
  • equal from (Late Middle English):

    A word that came from Latin aequus, which is also at the root of adequate (early 17th century), equable (mid 17th century), equanimity (early 17th century), equate (Middle English), equity (Middle English), equivalent (Late Middle English) ‘of equal worth’, equator (Late Middle English) the circle where day and night are equal, iniquity (Middle English), and, via French, egalitarian (late 19th century). George Orwell's political satire Animal Farm ( 1945) is the source of the quotation ‘All animals are equal but some animals are more equal than others.’ Another historic use of equal is from the American Declaration of Independence ( 1776): ‘We hold these Truths to be self-evident, that all men are created equal, that they are endowed, by their creator, with certain unalienable rights, that among these are life, liberty, and the pursuit of happiness.’ See also first

Definition of equity in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day emulous
Pronunciation: ˈɛmjʊləs
adjective
seeking to emulate someone or something