(A) Courts that provide remedies other than strict monetary damages, such as the granting of injunctions and specific performance. Such courts existed separately but are now superseded by specialized courts such as the Federal Bankruptcy Court. (B) A court of equity is one which administers justice, where there are no legal rights, or legal rights, but courts of law do not afford a complete, remedy, and where the complainant has also an equitable right. Vide Chancery.
Law Dictionary – Alternative Legal Definition
A court which has jurisdiction in equity, which administers justice and decides controversies in accordance with the rules, principles, and precedents of equity, and which follows the forms and procedure of chancery; as distinguished from a court having the jurisdiction, rules, principles, and practice of the common law.