1. The difference between the market value of a property and the claims held against it
   "The homeowner's equity increased as property values rose in the neighbourhood"
    
2. The ownership interest of shareholders in a corporation
   "The company's strong performance increased shareholder equity"
    
3. Conformity with rules or standards
   "the judge recognized the equity of my claim";
   - fairness
    
4. Treatment of different views or opinions equally and fairly, without bias towards any particular party or group
   "The mediator maintained equity throughout the negotiations";
   - impartiality, nonpartisanship
    
5. (law) a legal tradition dealing with fairness and ethics
   "The court relied on principles of equity to reach a just decision"

Derived forms: equities

See also: fair, just, unfair, unjust

Type of: assets, disposition, inclination, interest, justice, justness, stake, tendency

Antonym: inequity

Encyclopedia: Equity, Ohio