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equity noun

  /i.kwɪʈ.i/ , /ˈɛk.wɪ.ti/
  • (legal) The power of a court of law having extra-statutory discretion, to decide legal matters and to provide legal relief apart from, though not in violation of, the prevailing legal code; in some cases, a court "sitting in equity" may provide relief to a complainant should the code be found either inapplicable or insufficient to do so.
  • (legal, finance) Value of property minus liens or other encumbrances.
 cothromas
  • Fairness, impartiality, or justice as determined in light of "natural law" or "natural right".
 cothromas, cóir
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