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| eq·ui·ty [ ékwətee ] |
noun (plural eq·ui·ties) |
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| Definition: |
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1. fairness: actions, treatment of others, or a general condition characterized by justice, fairness, and impartiality
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2. law justice tempered by ethics: justice applied in conformity with the law, but influenced at the same time by principles of ethics and fair play
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3. law fair claim: a claim that is judged to be just and fair
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4. law modification of common law: the system of jurisprudence that supplements common and statutory law, when those bodies of law are inadequate in the attainment of justice
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5. finance part of value paid: the value of a piece of property over and above any mortgage or other liabilities relating to it
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plural noun eq·ui·ties |
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| Definition: |
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stock exchange stock entitling holder to profits: shares of stock in a corporation that pays the holder some of its profits
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| [14th century. Via French équité< Latin aequitas< Latin aequus "equal, even"] |
