equity
♦ equi|ty /'ekwɪti/
1 [N-UNCOUNT]
In finance, your equity is the sum of your assets, for example the value of your house, once your debts have been subtracted from it. (BUSINESS)
To capture his equity, Murphy must either sell or refinance.
...a Personal Equity Plan.
see also negative equity
2 [N-UNCOUNT]
Equity is the quality of being fair and reasonable in a way that gives equal treatment to everyone.
We base this call on grounds of social justice and equity.nega|tive equi|ty
[N-UNCOUNT]
If someone who has borrowed money to buy a house or flat has negative equity, the amount of money they owe is greater than the present value of their home. (BRIT BUSINESS)
1 [N-UNCOUNT]
In finance, your equity is the sum of your assets, for example the value of your house, once your debts have been subtracted from it. (BUSINESS)
To capture his equity, Murphy must either sell or refinance.
...a Personal Equity Plan.
see also negative equity
2 [N-UNCOUNT]
Equity is the quality of being fair and reasonable in a way that gives equal treatment to everyone.
We base this call on grounds of social justice and equity.nega|tive equi|ty
[N-UNCOUNT]
If someone who has borrowed money to buy a house or flat has negative equity, the amount of money they owe is greater than the present value of their home. (BRIT BUSINESS)