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Word: equity
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Meaning:
Noun:
- accounting the ownership interest in a company as determined by subtracting liabilities from assets.
- justice, impartiality and fairness
- legal a legal tradition that deals with remedies other than monetary relief, such as injunctions, divorces and similar actions.
- legal The value of property minus liens or other encumbrances.
- ownership, especially in terms of net monetary value of some business.
Source: Wiktionary
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