Fairness, impartiality, or justice as determined in light of "natural law" or "natural right".

plural of equity

Archaic spelling of equity.

plural of court of equity

(archaic) A court empowered to provide only equitable relief, but not to make rulings on questions of law, nor to award monetary damages.

(finance) The amount by which the market value of a property falls below the amount of the mortgage secured upon it. / (finance) The situation in which a property is worth less than its mortgage.

(finance) The monetary value of a home less the value of any encumbrances, such as liens or mortgages.

(accounting) The remaining interest in all assets after all liabilities are paid.

(poker) The portion of the pot one expects to win, on average, by a bet that induces opponents to fold, rather than by seeing the showdown.

(law) The advantage, allowed to a mortgager, of a certain or reasonable time to redeem lands mortgaged, after they have been forfeited at law by the non-payment of the sum of money due on the mortgage at the appointed time.