Equity
From LoveToKnow 1911
EQUITY (Lat. aequitas), a term which in its most general sense means equality or justice; in its most technical sense it means a system of law or a body of connected legal principles, ...
Equity: The net proceeds from the sale of a home, minus the fees of the solicitor and the real estate agent and the satisfying of the mortgage.
Estate: A right or interest in property or the property of a deceased person.
Equity Financing: A method of financing where a company issues shares of its stock and receives money.
Equity Interest: Another term for an ownership interest in a company.
EQUITY - A system of law designed to furnish remedies for wrongs which were not legally recognized under the common law of England or for which no adequate remedy was provided by the common law.
Court Of Equity Courts that handle lawsuits requesting remedies other than monetary damages, such as writs, injunctions, and specific performance. Such courts existed, separate from courts of law, under English common law and in several states.
Equity- Justice administered according to fairness; the spirit or habit of fairness in dealing with other persons.
Escheat- The process by which a deceased person's property goes to the state if no heir can be found.
Equity: The value remaining after subtracting corresponding debts; excess of assets over liabilities; net worth.
Escape: The unlawful departure of a prisoner from his place of confinement.
equity financing The securing of a monetary investment from an investor in which the investor becomes a part owner of the business ...
equity
n. 1) a venerable group of rights and procedures to provide fairness, unhampered by the narrow strictures of the old common law or other technical requirements of the law.
equity, courts ofCourts which administer a legal remedy according to the system of equity, as distinguished from courts of common law.
Equity
The difference between the market value of the property and the homeowners mortgage debt.
Escrow
Delivery of a deed by a grantor to a third party for delivery to the grantee upon the happening of a contingent event.
Equity
Generally, justice or fairness. Historically, equity refers to a separate body of law developed in England in reaction to the inability of the common-law courts, in their strict adherence to rigid writs and forms of action, ...
EQUITY - A body of civil law concerned with doing justice where money is inadequate or inappropriate as a remedy. Examples of equitable actions include divorce and injunctions. Equity cases are handled by circuit courts.
equity: A system of law that supplements the statutory and case law and is based on principles of what is "fair and right."
establish: A process to prove paternity (fatherhood) and/or to get a court or administrative order for child support.
equity A body of law, or field of jurisdiction, differing in its origin, theory, and methods from the common law; often used in a general sense to refer to the body of law pertaining to injunctions and restraining orders.
EQUITY. In the early history of the law, the sense affixed to this word was exceedingly vague and uncertain.
Equity - A branch of English law which developed hundreds of years ago when litigants would go to the King and complain of harsh or inflexible rules of common law which prevented "justice" from prevailing.
equity
Fairness. A system of legal rules developed by the Lord Chancellor and special courts in England to make the common law (q.v.) fairer. Also: a financial interest in property or goods.
eviction ...
Equity JVs
The EJV Law is between a Chinese partner and a foreign company. It is incorporated in both Chinese (official) and in English (with equal validity), with limited liability.
Home Equity Conversion
A term referring to a variety of plans designed to help older homeowners use the equity in their homes without requiring them to move. The three main types are sale-leaseback, reverse mortgages, and deferred payment loans.
Equity
Definition - Noun
[Latin aequitat- aequitas fairness, justice, from aequus equal, fair]
1 a : justice according to fairness esp.
Equity had to come full circle and allow the mortgagee to force the lender (mortgagor) to fish or cut bait; to pay the arrears or to lose (be "foreclosed) as to the right to redeem.
Equity
The difference between the appraised value of a property and the balance of a first mortgage and any other outstanding liens on the property.
Escrow ...
NATURAL EQUITY.
That which is founded in natural justice, in honesty and right, and which arises ex aequo et bono. It corresponds precisely with the definition of... more ...
See also: equity injunction permanent injunction restraining order writ
The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications ...
Limited equity housing
An arrangement designed to encourage low-and moderate-income families to purchase housing, in which the housing is offered at an extremely favorable price with a low down payment.
In time, the equity courts recognized the wife's right during her husband's lifetime to a separate property in trust established for her benefit. By the late 19th cent.
A principle of equity whereby a person is not allowed (is, therefore, estopped) from maintaining or relying upon the existence of a certain state of affairs. It is often said to be a shield not a sword, i.e.
1 : to ascertain the number of : COUNT 2 : to specify one after another : LIST TOP Equity : A branch of English law which developed hundreds of years ago when litigants would go to the King and complain of harsh or inflexible rules of ...
Court of chancery or of equity. A court which proceeds wholly according to the principles of equity.
Court inferior or inferior court. A court subordinate to another; or, a court of limited jurisdiction.
environmental equity : Equal protection from environmental hazards for individuals, groups, or communities regardless of race, ethnicity, or economic status.
equitable action (equity matter): an action which may be brought for the purpose of restraining the threatened infliction of wrongs or injuries, and the prevention of threatened illegal action; ...
The ancient maxim is, "He who comes to equity must come with clean hands." Co-defendant When two or more defendants are sued in the same case, they are called co-defendants.
clean hands doctrine - Under this doctrine, equity will not grant relief to a party, who, as actor, seeks to set judicial machinery in motion and obtain some remedy, ...
Equity: The law of equity developed to temper the rigid interpretation given by medieval English judges to the common law. For hundreds of years, there were separate courts in Ireland for common law and equity (known as courts of Chancery).
Equity law developed after the common law to offset the rigid interpretations medieval English judges were giving the common law.
A company is deemed to be a subsidiary of another if (but only if): (a) that other (i) is a member of it and controls the composition of its board of directors; or (b) holds more than half in nominal value of its equity share capital; ...
A defence in writing made by a defendant, to the charges contained in a bill or information, filed by the plaintiff against him in a court of equity.
Regard for these important considerations of policy in the administration of federal equity jurisdiction is decisive here.
If there is anticipated equity then the owner of the property will ask the court for a longer redemption period so the property can be sold in an orderly manner and not as a "fire sale", ...
A legal proceeding taken under the law of equity where the plaintiff attempts to reclaim specific property, through the court, whether the property is still in the first acquirer's hands or it has passed onto others, ...
For example (and only theoretically as many countries have laws which have modified equity law in some situations), if you found somebody else's cash and spent it, you might be sued for reimbursement under unjust enrichment.
Cases -General term for an action, cause, suit, or controversy, at law or in equity; questions contested before a court of justice.
Supreme Court is a court of equity. Supreme Court's authority comes from the New York State Constitution.
Common law has been referred to as the "common sense of the community, crystallized and formulated by our ancestors." Equity law developed after the common law to offset the rigid interpretations that medieval English judges were giving the common ...
 See also: Law, Court, Person, State, Right
  
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