Equity (Noun)

Meaning ¹

Conformity with rules or standards; "the judge recognized the fairness of my claim".

Classification

Nouns denoting attributes of people and objects.

Synonyms

• Fairness

Antonyms

• Inequity

Hypernyms

• Justice

Hyponyms

• Non-discrimination
• Sportsmanship

Meaning ²

The ownership interest of shareholders in a corporation.

Classification

Nouns denoting possession and transfer of possession.

Hypernyms

• Stake

Meaning ³

The difference between the market value of a property and the claims held against it.

Classification

Nouns denoting possession and transfer of possession.

Examples

• The bank will only lend up to 80% of the property's value, requiring the buyer to have a minimum of 20% equity in the home.
• As the housing market declined, many homeowners found themselves with negative equity, owing more on their mortgage than their house was worth.
• The homeowner's equity in the property increased significantly after they made several major renovations.
• After paying down the mortgage for 10 years, the couple had built up a substantial amount of equity in their home.
• The company's goal was to reach a point where the equity in their headquarters building was sufficient to secure a large business loan.