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Tangible property that, as per a balance sheet, does not constitute land or buildings, e.g. machines. … [Read more...] about EQUIPMENT

Items traded in the stock market. … [Read more...] about EQUITIES

Just; conformable to the principles of natural justice and right. Just, fair, and right in consideration of the facts and circumstances of the individual case. Existing in equity; available or sustainable only in equity, or only upon the rules and principles of equity. Equitable action. One founded on an equity or cognizable in a court of equity; or, more specifically, an … [Read more...] about EQUITABLE

In the early history of the law, the sense affixed to this word was exceedingly vague and uncertain. This was owing, in part, to the fact, that the chancellors of those days were either statesmen or ecclesiastics, perhaps not very scrupulous in the exercise of power. It was then asserted that equity was bounded by no certain limits or rules, and that it was alone controlled by … [Read more...] about EQUITY

An action for a remedy in equity, such as a court injunction. An action for the court to provide fairness, such as specific performance, e.g. the award of a specific real estate parcel. … [Read more...] about EQUITABLE ACTION