equity
/ekwiti/ noun (pl. equities) 1 the quality of being fair and impartial. 2 Law a branch of law that developed alongside common law in order to remedy some of its defects in fairness and justice. 3 the value of a mortgaged property after deduction of charges against it. 4 the value of the shares issued by a company. 5 (equities) stocks and shares that carry no fixed interest. ORIGIN Latin aequitas, from aequus equal.
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