equity
- The concept of justice and fairness as opposed to strictly adhering to written laws or rules
- An example of a situation where fairness is maintained
- An established set of rules and principles that originated in English chancery law, which supplements or supersedes common and statutory law
- The principles or rules that were formed in courts of equity, aiming for justice according to fairness
- A jurisdiction that specifically handles cases according to concepts of fairness rather than fixed laws
- A collection of doctrines and regulations designed to extend or override a strict or rigid law system
- A valid claim or interest that lies within the principles of fairness and justice
- The financial worth of a property or interest in a property after deducting any debt or lien such as a mortgage
- A stake or ownership held in a property carrying potential risks and rewards
- The shares issued by a corporation representing ownership rights
- The plaintiff was seeking equity from the court to rectify the injustice caused by the strict application of the law.
- The homeowner's equity increased as they continued to make mortgage payments and the property appreciated in value.
- Investors looking to buy equity in the company were eagerly waiting for its initial public offering.
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