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equity

eq·ui·ty

equity

 
 
pronunciation:
e kwih ti
features:
Word Combinations (noun), Word Parts
part of speech: noun
inflections: equities
definition 1: the quality of being fair and reasonable; fairness.
He tried to ensure equity in his will so that his heirs would have no reason to quarrel over his estate.
synonyms:
evenhandedness, fair-mindedness, fairness, impartiality, justice, objectivity
antonyms:
inequity, unfairness
similar words:
justness, tolerance
definition 2: something that is impartial or fair.
synonyms:
fairness, impartiality, justice
antonyms:
inequity
similar words:
equality, right
definition 3: the net worth of a business or property; total value of assets minus outstanding liabilities.
similar words:
assets, net, value, worth
definition 4: in law, a system supplementing the common law and serving to allow flexibility in cases where strict application of the law would result in hardship or unfairness.
definition 5: in law, a right or claim asserted on principles of equity rather than set forth in the common law.
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