- Refers to something that demonstrates fairness and impartiality
- Pertains to situations or judgments which are governed by principles of justice and fairness, rather than strictly by law
- In divorce proceedings, an equitable division of property is expected.
- Despite the written contract, the judge ruled in favor of the defendant, citing an equitable remedy.
- While not required by law, the board decided on an equitable distribution of dividends among all shareholders.