Equity vs. Commodity

Equitynoun

Fairness, impartiality, or justice as determined in light of "natural law" or "natural right".

Equitynoun

(legal) The power of a court of law having extra-statutory discretion, to decide legal matters and to provide legal relief apart from, though not in violation of, the prevailing legal code; in some cases, a court "sitting in equity" may provide relief to a complainant should the code be found either inapplicable or insufficient to do so.

Equitynoun

(legal) A right which accrues to a party in a transaction because of the nature of the transaction itself, and which is exercisable upon a change of circumstances or conditions; in other words, an equitable claim.

Equitynoun

(legal) Value of property minus liens or other encumbrances.

Equitynoun

The body of law which was developed in the English Court of Chancery, which Court had extra-statutory discretion, and is now administered alongside the common law of Britain.

Equitynoun

(business) Ownership, especially in terms of net monetary value of some business.

Equitynoun

(accounting) Ownership interest in a company as determined by subtracting liabilities from assets.

Equitynoun

(poker) A player's expected share of the pot.

Equitynoun

Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality.

Equitynoun

An equitable claim; an equity of redemption; as, an equity to a settlement, or wife's equity, etc.

Equitynoun

A system of jurisprudence, supplemental to law, properly so called, and complemental of it.

Equitynoun

the difference between the market value of a property and the claims held against it

Equitynoun

the ownership interest of shareholders in a corporation

Equitynoun

conformity with rules or standards;

Commoditynoun

Anything movable (a good) that is bought and sold.

Commoditynoun

Something useful or valuable.

Commoditynoun

(economics) Raw materials, agricultural and other primary products as objects of large-scale trading in specialized exchanges.

Commoditynoun

(marketing) Undifferentiated goods characterized by a low profit margin, as distinguished from branded products.

Commoditynoun

(Marxism) Anything which has both a use-value and an exchange-value.

Commoditynoun

(obsolete) Convenience; usefulness, suitability.

Commoditynoun

(obsolete) Self-interest; personal convenience or advantage.

Commoditynoun

Convenience; accommodation; profit; benefit; advantage; interest; commodiousness.

Commoditynoun

That which affords convenience, advantage, or profit, especially in commerce, including everything movable that is bought and sold (except animals), - goods, wares, merchandise, produce of land and manufactures, etc.

Commoditynoun

A parcel or quantity of goods.

Commoditynoun

articles of commerce

Commodity

In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.