equity
noun (equity — uncountable; equities — money)
Everyday
- Equity is fairness: treating people so each has what they need for a fair chance, not just exactly the same. tree →
- (money) Equity in a house is the part of its value that the owner truly owns — the price minus what is still owed on the mortgage. tree →
- (money) Equities are shares in companies. tree →
- (law, UK) Equity is a part of the law that lets judges act fairly where strict rules would be unjust. tree →
In the lessons
In school and ethics, equity means e.g. a ramp for a wheelchair user, or extra reading help, so everyone can join in. In adult money talk, as the mortgage is paid, home equity grows. In maths, equity = value − debt: a house worth 300 thousand with 200 thousand owed has 100 thousand equity. Phrases: equity and fairness, home equity, negative equity (owing more than the house is worth), equality and equity.
Examples
- Equity means giving each pupil the help they need. tree →
- The taller boxes for shorter children showed equity, not just equality. tree →
- As they pay the mortgage, Mum and Dad's equity grows. tree →
- Negative equity means the house is worth less than the loan. tree →
- Grandpa invests in equities. tree →
- The judge used equity to reach a fair decision. tree →
- And after his father died he ascended the throne, and ruled the kingdom with righteousness and equity. tree →
Note
Uncountable in the fairness sense. Maths: equity = value of asset − amount owed. Trap: equity (fair to each person's needs) vs equality (the same for everyone). Adjective equitable (fair).
In Jewish tradition
It means fair and straight judging. It is often paired with justice and right.
Interpretation. Tradition sees God as the judge who rules fairly, and human judges must do the same. The Hebrew idea is connected to being straight and upright.
Examples
- Do ye judge with equity the sons of men? (Writings PSA.58.2, JPS 1917) tree →
- To receive the discipline of wisdom, justice, and right, and equity; (Writings PRO.1.3, JPS 1917) tree →
- 'When I take the appointed time, I Myself will judge with equity. (Writings PSA.75.3, JPS 1917) tree →
Note
Uncountable in the fairness sense. Maths: equity = value of asset − amount owed. Trap: equity (fair to each person's needs) vs equality (the same for everyone). Adjective equitable (fair).
On Mova
- Trees and pragmatics of «equity» in the school dictionary: every meaning and example parsed by Mova, with its dependency tree and frames.
- «equity» in the school dictionary on Mova free.
- Trees and pragmatics of «equity» in the Judaism dictionary: every meaning and example parsed by Mova, with its dependency tree and frames.
- «equity» in the Judaism dictionary on Mova free.
This page in Markdown → https://md.dictionary.elamur.ai/free/en/english/equity/