Equity Definition–noun, plural -ties. | 1. | the quality of being fair or impartial; fairness; impartiality: the equity of Solomon. | | 2. | something that is fair and just. | | 3. | Law. | a. | the application of the dictates of conscience or the principles of natural justice to the settlement of controversies. | | b. | a system of jurisprudence or a body of doctrines and rules developed in England and followed in the U.S., serving to supplement and remedy the limitations and the inflexibility of the common law. | | c. | an equitable right or claim. | | d. | an equity of redemption. | | | 4. | the monetary value of a property or business beyond any amounts owed on it in mortgages, claims, liens, etc. | | 5. | Informal. ownership, esp. when considered as the right to share in future profits or appreciation in value. | | 6. | the interest of the owner of common stock in a corporation. | | 7. | (in a margin account) the excess of the market value of the securities over any indebtedness. | |
From Dictionary
Loan Definition–noun | 1. | the act of lending; a grant of the temporary use of something: the loan of a book. | | 2. | something lent or furnished on condition of being returned, esp. a sum of money lent at interest: a $1000 loan at 10 percent interest. | –verb (used with object) | 4. | to make a loan of; lend: Will you loan me your umbrella? | | 5. | to lend (money) at interest. | –verb (used without object) | 6. | to make a loan or loans; lend. | —Idiom | 7. | on loan, | a. | borrowed for temporary use: How many books can I have on loan from the library at one time? | | b. | temporarily provided or released by one's regular employer, superior, or owner for use by another: Our best actor is on loan to another movie studio for two films. | | |
From Dictionary
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