noun
Fairness, impartiality, or justice as determined in light of "natural law" or "natural right".
Sufficeth what they in their graue wiſedoomes ſhall proſcribe, I in no ſorte will ſeeke to acquite, nor preſumptuouſly attempte to diſpute againſt the equity of their iudgementes, but humble and proſtrate appeale to their mercies.
“One of the staff said, ‘That’s fine, Delia. But what do wolves have to do with equity, justice and inclusion?’" Ms. Malone said.
Various related senses originating with the Court of Chancery in late Medieval England
1800, Lloyd Kenyon, 1st Baron Kenyon in Mayor, &c. of Southampton v. Graves (1800), 8 T. R. 592. A Court of equity knows its own province.
A Court of equity interposes only according to conscience.
Various related senses originating with the Court of Chancery in late Medieval England
...the mortgagor retains ‘equitable title’ or the ‘equity of redemption’….The equity of redemption permits the mortgagor to regain legal title to the mortgaged property upon satisfying the conditions of the mortgage...
The wife's equity does not, according to the adjudged cases, attach, except upon that part of her personal property in action which the husband cannot acquire without the assistance of a court of equity
Various related senses originating with the Court of Chancery in late Medieval England
Various senses related to net value
I have a lot of equity in my house.