1 n-uncount In finance, your equity is the sum of your assets, for example the value of your house, once your debts have been subtracted from it. (BUSINESS)
To capture his equity, Murphy must either sell or refinance., ...a Personal Equity Plan.
2 n-uncount Equity is the quality of being fair and reasonable in a way that gives equal treatment to everyone. We base this call on grounds of social justice and equity.
If someone who has borrowed money to buy a house or flat has negative equity, the amount of money they owe is greater than the present value of their home.
(BRIT, BUSINESS) n-uncount
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"Collins Cobuild English Dictionary for Advanced Learners 4th edition published in 2003 © HarperCollins Publishers 1987, 1995, 2001, 2003 and Collins A-Z Thesaurus 1st edition first published in 1995 © HarperCollins Publishers 1995"