The meaning of EQUITY is fairness or justice in the way people are treated; often, specifically : freedom from disparities in the way people of different races, genders, etc. are treated. How to use equity in a sentence. Did you know?
Equity usually appears in courts of law as a term related to justice or proportional fairness, or in financial offices to property or one's share of a company. The derivative root of the noun, which gained stability in the English language during the 1300s, is Latin aequus, meaning "even,...
A home equity conversion mortgage (HECM) is a type of Federal Housing Administration (FHA) insured reverse mortgage.
The lender, or owner-investor, also gains from a shared equity mortgage. The equity contribution is an investment, and the lender will take a proportional stake in any gains over the lifetime of the mortgage. If the owner-investor is contributing tomortgage interest, they will likely be able...
Graduated-equity mortgage (GEM) definition - What does Graduated-equity mortgage (GEM) mean? A loan for which payments increase according to a prearranged schedule and the increases repay the debt faster than a conventional, fixed-payment mortgage.
The L. æquitas was somewhat influenced in meaning by being adopted as the ordinary rendering of Gr. ἐπιεικεια ...,which meant reasonableness and moderation in the exercise of one's rights, and the disposition to avoid insisting on them too rigorously. [OED] ...
There is an important distinction between equality and equity. Even though they come from the same root, Equality is about sameness, whereas equity is about fairness. Read on for more.
Home equity is the difference between what you owe on a mortgage and the value of your home. Learn how it works, how to use it and why it’s so important.
When you own a home, the equity is your investment in said home. This initial investment is typically done as a downpayment and you borrow the rest with a mortgage. As you pay down the mortgage debt, your equity (share of ownership) becomes a larger share of the home’s value. Assumin...
^^^ the linked piece illustrates why ”“Critical” Race “Theory” ” needs to be taught – because the non-financial meaning of “equity” has everything to do with … I can’t do it justice, but I guarantee the piece is excellent writing. ...