Equity vs. Equality

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;

Equalitynoun

The fact of being equal.

Equalitynoun

(mathematics) The fact of being equal, of having the same value.

Equalitynoun

The equal treatment of people irrespective of social or cultural differences.

Equalitynoun

The condition or quality of being equal; agreement in quantity or degree as compared; likeness in bulk, value, rank, properties, etc.; as, the equality of two bodies in length or thickness; an equality of rights.

Equalitynoun

Sameness in state or continued course; evenness; uniformity; as, an equality of temper or constitution.

Equalitynoun

Evenness; uniformity; as, an equality of surface.

Equalitynoun

Exact agreement between two expressions or magnitudes with respect to quantity; - denoted by the symbol =; thus, a = x signifies that a contains the same number and kind of units of measure that x does.

Equalitynoun

the quality of being the same in quantity or measure or value or status

Equalitynoun

a state of being essentially equal or equivalent; equally balanced;

Equalitynoun

the state of being equal, especially in status, rights, or opportunities

Equalitynoun

a symbolic expression of the fact that two quantities are equal; an equation.