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  2. Dictionary

    eq·ui·ty
    [ˈekwədē]
    noun
    equities (plural noun)
      • law
        a branch of law that developed alongside common law in order to remedy some of its defects in fairness and justice, formerly administered in special courts:
        "if there is any conflict between the principles of common law and equity, equity prevails"
    1. the value of the shares issued by a company:
      "he owns 62% of the group's equity"
      • (equities)
        stocks and shares that carry no fixed interest:
        "trading in equities is governed by market rules"
    2. the value of a mortgaged property after deduction of charges against it:
      "people who have built up a significant amount of equity in their homes"
    3. (in the US, UK, and several other countries) a trade union to which most professional actors belong:
      "an Equity card"
    Origin
    Middle English: from Old French equité, from Latin aequitas, from aequus ‘equal’.
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