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   Eq·ui·ty

   /ˈekwədē/

   

   noun

   • 1. the quality of being fair and impartial: "equity of treatment" Similar fairnessfair-mindednessjustnessjusticeequitablenessfair playimpartialityeven-handednesslack of discrimination/bias/prejudice/bigotryegalitarianismhonestyintegrityrightnessrightfulnessrectitudeuprightnessrighteousnesspropernessdecencygoodnesshonorablenessscrupulousnessconscientiousnessreasonablenesssensiblenessdisinterestdisinterestednessneutralityobjectivitybalanceopen-mindednessOpposite inequityimbalance
   • ▪ a branch of law that developed alongside common law in order to remedy some of its defects in fairness and justice, formerly administered in special courts: "if there is any conflict between the principles of common law and equity, equity prevails"
   • 2. the value of the shares issued by a company: "he owns 62% of the group's equity" Similar valueworthvaluationownershiprightsproprietorshipright of possession
   • ▪ stocks and shares that carry no fixed interest: "trading in equities is governed by market rules"
   • 3. the value of a mortgaged property after deduction of charges against it: "people who have built up a significant amount of equity in their homes"
   • 4. (in the US, UK, and several other countries) a trade union to which most professional actors belong: "an Equity card"

   Word Origin Middle English: from Old French equité, from Latin aequitas, from aequus ‘equal’.

   Scrabble Points: 18

   • E

     1

   • Q

     10

   • U

     1

   • I

     1

   • T

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   • Y

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