Equity
- Equity
- Equity Eq"ui*ty, n.; pl. {Equities}. [F. ['e]quit['e], L.
aequitas, fr. aequus even, equal. See {Equal}.]
1. Equality of rights; natural justice or right; the giving,
or desiring to give, to each man his due, according to
reason, and the law of God to man; fairness in
determination of conflicting claims; impartiality.
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Christianity secures both the private interests of
men and the public peace, enforcing all justice and
equity. --Tillotson.
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2. (Law) An equitable claim; an equity of redemption; as, an
equity to a settlement, or wife's equity, etc.
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I consider the wife's equity to be too well settled
to be shaken. --Kent.
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3. (Law) A system of jurisprudence, supplemental to law,
properly so called, and complemental of it.
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Equity had been gradually shaping itself into a
refined science which no human faculties could
master without long and intense application.
--Macaulay.
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Note: Equitable jurisprudence in England and in the United
States grew up from the inadequacy of common-law forms
to secure justice in all cases; and this led to
distinct courts by which equity was applied in the way
of injunctions, bills of discovery, bills for specified
performance, and other processes by which the merits of
a case could be reached more summarily or more
effectively than by common-law suits. By the recent
English Judicature Act (1873), however, the English
judges are bound to give effect, in common-law suits,
to all equitable rights and remedies; and when the
rules of equity and of common law, in any particular
case, conflict, the rules of equity are to prevail. In
many jurisdictions in the United States, equity and
common law are thus blended; in others distinct equity
tribunals are still maintained. See {Chancery}.
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{Equity of redemption} (Law), the advantage, allowed to a
mortgageor, of a certain or reasonable time to redeem
lands mortgaged, after they have been forfeited at law by
the nonpayment of the sum of money due on the mortgage at
the appointed time. --Blackstone.
Syn: Right; justice; impartiality; rectitude; fairness;
honesty; uprightness. See {Justice}.
[1913 Webster]
The Collaborative International Dictionary of English.
2000.
:
Look at other dictionaries:
equity — eq·ui·ty / e kwə tē/ n pl ties [Latin aequitat aequitas fairness, justice, from aequus equal, fair] 1 a: justice according to fairness esp. as distinguished from mechanical application of rules prompted by considerations of equity comity between… … Law dictionary
Equity — can refer to:General* Equity (law), a branch of jurisprudence in common law jurisdictions * In many political and legal systems, a concept encompassing ideals of justice (fairness) and/or equality * Equality, the philosophical ideal of valuing… … Wikipedia
equity — [ek′wit ē] n. pl. equities [ME equite < OFr équité < L aequitas, equality < aequus: see EQUAL] 1. fairness; impartiality; justice 2. anything that is fair or equitable ☆ 3. the value of property beyond the total amount owed on it in… … English World dictionary
Equity — [ ekwɪtɪ; englisch »Billigkeit«] die, , Recht: 1) im angloamerikanischen Recht Bezeichnung für Regeln zur Ergänzung des Common Law mit dem Ziel des Ausgleichs von Härten, ähnlich der Billigkeitsklausel in § 242 BGB; ursprünglich… … Universal-Lexikon
Equity — bezeichnet Equity (Recht), im angloamerikanischen Recht Regeln zur Ergänzung des Common Law Eigenkapital, ein Teil der Passivseite der Bilanz Diese Seite ist eine Begriffsklärung zur Unterscheidung mehrerer mit demselben Wort … Deutsch Wikipedia
Equity — остаточная стоимость счета по фьючерсным сделкам, если предположить его ликвидацию по текущей рыночной цене. См. также: Расчетные палаты Финансовый словарь Финам … Финансовый словарь
equity — The value of a debtor s interest in property that remains after liens and other creditors interests are considered. (Example: If a house valued at $60,000 is subject to a $30,000 mortgage, there is $30,000 of equity.) (BankruptcyAction.com) This… … Glossary of Bankruptcy
Equity — 1.) a ↑trade union in the UK for actors and actresses in film, theatre, TV, and radio 2.) a ↑trade union in the US for actors and actresses who perform in the theatre. Its full name is the Actor s Equity Association … Dictionary of contemporary English
equity — [n1] impartiality disinterestedness, equitableness, even handedness, fair mindedness, fairness, fair play, honesty, integrity, justice, justness, nonpartisanship, piece, reasonableness, rectitude, righteousness, square deal*, uprightness;… … New thesaurus
equity — early 14c., from O.Fr. equite (13c.), from L. aequitatem (nom. aequitas) equality, conformity, symmetry, fairness, from aequus even, just, equal (see EQUAL (Cf. equal)). As the name of a system of law, 1590s, from Roman naturalis aequitas, the… … Etymology dictionary
