equity

Reading level: hard

Estimated CEFR level: C1 — Advanced

Estimated from word frequency; not an official CEFR classification.

Definition

noun the difference between the market value of a property and the claims held against it
noun the ownership interest of shareholders in a corporation
noun conformity with rules or standards

From Middle English equitee, equytee, from Old French equité, from Latin aequitās (“uniformity; impartiality; fairness”).

Whence comes justice, faith, equity? — Cicero's Tusculan Disputations: Also, Treatises On The Nature Of The Gods, And On The Commonwealth, Marcus Tullius Cicero
Equality is the soul of equity. — Essays of Michel de Montaigne — Complete, Michel de Montaigne
EQUITY ([)e]k' w[)i] t[)y]), justice, fairness. — De La Salle Fifth Reader, Christian Brothers

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