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Home » Law Dictionary » E » EQUITABLE

EQUITABLE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

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 action arising, not immediately from the contract in suit, but from an equity in favor of a third person, not a party to it, but for whose benefit certain stipulations or promises were made. Equitable assignment. An assignment which, though invalid at law, will be recognized and enforced in equity; e.g.; an assignment of a chose in action, or of future acquisitions of the assignor. Holmes v. Evans, 129 N. Y. 140, 29 N. E. 233; Story v. Hull, 143 111. 506, 32 N. E. 265; First Nat. Bank v. Coates (C. O.) 8 Fed. 542.
As to equitable “Assets,” “Construction,” “Conversion,” “Defense,” “Easement,” “Ejectment” “Election,” “Estate,” “Estoppel,” “Execution,” “Garnishment,” “Levy,” “Lien,” “Mortgage,” ‘Title,” and “Waste,” see those titles.

Related Posts:

  • COURT OF EQUITY
  • COURT OF CHANCERY
  • POST OBIT
  • AEQUITAS LEGEM SEQUITUR
  • EQUITABLE DEFENSE
  • EQUITABLE ASSET

Filed Under: E

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