Equity

Equity

A short documentary-style narration: origin, meaning, and feel.

Part of speech

noun

Pronunciation

EK-wi-tee   /ˈɛkwɪti/

Definition

Fairness and impartiality in treatment; also, in finance, the value of ownership in a property or business after debts are deducted.

Plain meaning

Doing right by people based on their needs — and, in money terms, the part of something you actually own free of debt.

Register

Formal in legal and financial use, but increasingly common in social and ethical conversation.