OWELTY


Meaning of OWELTY in English

ˈōəltē noun

( -es )

Etymology: Middle French oelté equality, from Latin aequalitat-, aequalitas — more at equality

1. : equality

2.

a. : the amount paid or secured by one owner to another to equalize a partition of property in kind

b. : a payment made to achieve equality between those who exchange property

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.