Equity Definition Legal Dictionary

The quality of being fair or impartial.

Equity definition legal dictionary. Justice according to natural law or right specifically. Something that is equitable. Equity noun value c or u finance economics specialized the value of a company divided into many equal parts owned by the shareholders or one of the equal parts into which the value of a company is divided. The money value of a property or of an interest in a property in excess of claims or liens against it.

1 the quality of being fair and impartial. 1 a venerable group of rights and procedures to provide fairness unhampered by the narrow strictures of the old common law or other technical requirements of the law. In its broadest sense equity is fairness. To capture their equity they must either sell or refinance.

A branch of english law which developed hundreds of years ago when litigants would go to the king and complain of harsh or inflexible rules of common law which prevented justice from prevailing. The equities of our criminal justice system. The equity of solomon. As a legal system it is a body of law that addresses concerns that fall outside the jurisdiction of common law equity is also used to describe the money value of property in excess of claims liens or mortgages on the property.

It was based on principles of equity people centredness quality and accountability. The company is considering raising part of its future capital requirements by selling equity to the public. He sold his equity in the company last year. The common stock of a corporation.

Something that is fair and just. In its broadest sense equity is fairness. Equity is the sum of the assets or investments of a business after liabilities have been subtracted. As a legal system it is a body of law that addresses concerns that fall outside the jurisdiction of common law.