Definition of equity noun from the Oxford Advanced American Dictionary

     

    equity

     noun
    noun
    NAmE//ˈɛkwət̮i//
     
     
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  1. 1[uncountable] (finance) the value of a company's shares; the value of a property after all charges and debts have been paid He plans to raise the company's return on equity to 15%. see also negative equity
  2. 2equities [plural] (finance) shares in a company which do not pay a fixed amount of interest
  3. 3[uncountable] (formal) a situation in which everyone is treated equally synonym fairness a society where justice and equity prevail opposite inequity
  4. 4 [uncountable] (law) a system of natural justice allowing a fair judgment in a situation that is not covered by the existing laws The rules of common law and equity are both, in essence, systems of private law.
See the Oxford Advanced Learner's Dictionary entry: equity