eq ‧ ui ‧ ty /ˈekwəti, ˈekwɪti/ BrE AmE noun
[ Date: 1300-1400 ; Language: French ; Origin: équité , from Latin aequitas , from aequus ; ⇨ ↑ equal 1 ]
1 . [uncountable] formal a situation in which all people are treated equally and no one has an unfair advantage OPP inequity :
a society run on the principles of equity and justice
2 . [uncountable] technical the amount of money that you would have left if you sold your house and paid off the money you borrowed to buy the house
3 . equities [plural] technical ↑ share s in a company from which the owner of the shares receives some of the company’s profits rather than a fixed regular payment
4 . [uncountable] law the principle that a fair judgment must be made in a situation where the existing laws do not provide an answer