/ English Dictionary |
EQUITY
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
Conformity with rules or standards
Example:
the judge recognized the fairness of my claim
Synonyms:
equity; fairness
Classified under:
Nouns denoting attributes of people and objects
Hypernyms ("equity" is a kind of...):
justice; justness (the quality of being just or fair)
Attribute:
fair; just (free from favoritism or self-interest or bias or deception; conforming with established standards or rules)
unfair; unjust (not fair; marked by injustice or partiality or deception)
Hyponyms (each of the following is a kind of "equity"):
non-discrimination (fairness in treating people without prejudice)
sportsmanship (fairness in following the rules of the game)
Antonym:
inequity (injustice by virtue of not conforming with rules or standards)
Sense 2
Meaning:
The ownership interest of shareholders in a corporation
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("equity" is a kind of...):
interest; stake ((law) a right or legal share of something; a financial involvement with something)
Hyponyms (each of the following is a kind of "equity"):
sweat equity (interest in a building that a tenant earns by contributing to its renovation or maintenance)
Sense 3
Meaning:
The difference between the market value of a property and the claims held against it
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("equity" is a kind of...):
assets (anything of material value or usefulness that is owned by a person or company)