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equity




equity: n. (pl. -ies) 1 fairness.
2 the application of the principles of justice to correct or supplement the law.
3 a the value of the shares issued by a company. b (in pl.) stocks and shares not bearing fixed interest.
4 the net value of a mortgaged property after the deduction of charges.
5 (Equity) Brit. the actors' trade union. [ME f. OF equit f. L aequitas -tatis f. aequus fair]


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