Definition of equity

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Equity (n.) An equitable claim; an equity of redemption; as, an equity to a settlement, or wife's equity, etc..

Lern More About Equity

Law :: Law (n.) Legal science; jurisprudence; the principles of equity; applied justice.
Equitable :: Equitable (a.) Possessing or exhibiting equity; according to natural right or natural justice; marked by a due consideration for what is fair, unbiased, or impartial; just; as an equitable decision; an equitable distribution of an estate; equitable men..
Re-demption :: Re-demption (n.) The liberation of an estate from a mortgage, or the taking back of property mortgaged, upon performance of the terms or conditions on which it was conveyed; also, the right of redeeming and reentering upon an estate mortgaged. See Equity of redemption, under Equity..
Respondent :: Respondent (n.) One who answers in certain suits or proceedings, generally those which are not according to the course of the common law, as in equity and admiralty causes, in petitions for partition, and the like; -- distinquished from appellant..
Lawsuit :: Lawsuit (n.) An action at law; a suit in equity or admiralty; any legal proceeding before a court for the enforcement of a claim.
Prosecution :: Prosecution (n.) The institution and carrying on of a suit in a court of law or equity, to obtain some right, or to redress and punish some wrong; the carrying on of a judicial proceeding in behalf of a complaining party, as distinguished from defense..
Decree :: Decree (n.) A decision, order, or sentence, given in a cause by a court of equity or admiralty..
Right :: Right (a.) Conformed to the constitution of man and the will of God, or to justice and equity; not deviating from the true and just; according with truth and duty; just; true..
Controversy :: Controversy (n.) A suit in law or equity; a question of right.
Complainant :: Complainant (n.) The party suing in equity, answering to the plaintiff at common law..
Incompetent :: Incompetent (a.) Wanting the legal or constitutional qualifications; inadmissible; as, a person professedly wanting in religious belief is an incompetent witness in a court of law or equity; incompetent evidence..
Liable :: Liable (v. t.) Bound or obliged in law or equity; responsible; answerable; as, the surety is liable for the debt of his principal..
Equity :: Equity (n.) An equitable claim; an equity of redemption; as, an equity to a settlement, or wife's equity, etc..
Proctor :: Proctor (n.) An officer employed in admiralty and ecclesiastical causes. He answers to an attorney at common law, or to a solicitor in equity..
Oratrix :: Oratrix (n.) A woman plaintiff, or complainant, in equity pleading..
Injunction :: Injunction (n.) A writ or process, granted by a court of equity, and, insome cases, under statutes, by a court of law,whereby a party is required to do or to refrain from doing certain acts, according to the exigency of the writ..
Validity :: Validity (n.) Legal strength, force, or authority; that quality of a thing which renders it supportable in law, or equity; as, the validity of a will; the validity of a contract, claim, or title..
Chancellor :: Chancellor (n.) A judicial court of chancery, which in England and in the United States is distinctively a court with equity jurisdiction..
Legal :: Legal (a.) Governed by the rules of law as distinguished from the rules of equity; as, legal estate; legal assets..
Equitable :: Equitable (a.) That can be sustained or made available or effective in a court of equity, or upon principles of equity jurisprudence; as, an equitable estate; equitable assets, assignment, mortgage, etc..
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