[ˈɛkwɪti], (Noun)

Definitions:
- the quality of being fair and impartial
(e.g: equity of treatment)

- the value of the shares issued by a company
(e.g: he owns 62% of the group's equity)

- the value of a mortgaged property after deduction of charges against it
(e.g: people who have built up a significant amount of equity in their homes)

- (in the UK, US, and several other countries) a trade union to which all professional actors must belong
(e.g: an Equity card)


Phrases:

Origin:
Middle English: from Old French equité, from Latin aequitas, from aequus ‘equal’