equity

Universal Words noun 1 [U] (finance) the value of a company's shares; the value of a property after all charges and debts have been paid: He plans to raise the company's return on equity to 15%. seealsoNEGATIVEEQUITY 2 (equities) [pl.] (finance) shares in a company which do not pay a fixed amount of interest 3 [U] (formal) a situation in which everyone is treated equally SYNFAIRNESS: a society where justice and equity prevail 4 [U] (law) (especially BrE) a system of natural justice allowing a fair judgement in a situation where the existing laws are not satisfactory: The rules of common law and equity are both, in essence, systems of private law.