equity

noun9

1. •
   Fairness, impartiality, or justice as determined in light of "natural law" or "natural right".

   • “One of the staff said, ‘That’s fine, Delia. But what do wolves have to do with equity, justice and inclusion?’" Ms. Malone said. — 2025
2. •
   Value of property minus liens or other encumbrances.

   • I have a lot of equity in my house.
3. •
   Ownership, especially in terms of net monetary value of some business.
4. •
   Ownership interest in a company as determined by subtracting liabilities from assets.
5. •
   Equality

   • What steps the Government are taking to help ensure equity of opportunity for people from low-income families. — 2020
6. •
   The power of a court of law having extra-statutory discretion, to decide legal matters and to provide legal relief apart from, though not in violation of, the prevailing legal code; in some cases, a court "sitting in equity" may provide relief to a complainant should the code be found either inapplicable or insufficient to do so.

   • A Court of equity knows its own province. — 1800
7. •
   The body of law which was developed in the English Court of Chancery, which Court had extra-statutory discretion, and is now administered alongside the common law of Britain.
8. •
   A player's expected share of the pot.
9. •
   A right which accrues to a party in a transaction because of the nature of the transaction itself, and which is exercisable upon a change of circumstances or conditions; in other words, an equitable claim.