equity
UK: ˈek.wɪ.ti | US: ˈek.wə.ti
n. fairness or justice in the way people are treated
n. the value of a company’s shares
n. (law) a branch of law supplementing strict legal rules to ensure fairness
equity = equ<equal> + ity<noun suffix>
- equ<equal>: From Latin aequus (level, fair). Retained in English as "equ-" in words like equal, equate, and equilibrium.
- ity<noun suffix>: A suffix forming abstract nouns denoting state or condition, from Latin -itas.
Etymology Origin:
The word equity traces back to Latin aequitas, derived from aequus (equal/fair). It entered Middle English via Old French equité, reflecting the concept of impartiality. Over time, it expanded from general fairness to specialized legal and financial meanings, emphasizing balanced treatment—whether in moral justice, corporate ownership, or legal remedies.
The judge ruled with equity, considering the unique circumstances of the case.
Homeowners build equity as they pay off their mortgages.
The company’s equity is divided among several shareholders.
Equity in education ensures all students have access to resources.
Common law and equity work together to deliver justice.