Definition of equity

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Equity (n.) Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality..

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Chancery :: Chancery (n.) In England, formerly, the highest court of judicature next to the Parliament, exercising jurisdiction at law, but chiefly in equity; but under the jurisdiction act of 1873 it became the chancery division of the High Court of Justice, and now exercises jurisdiction only in equity..
Incompetent :: Incompetent (a.) Wanting the legal or constitutional qualifications; inadmissible; as, a person professedly wanting in religious belief is an incompetent witness in a court of law or equity; incompetent evidence..
Solicitor :: Solicitor (n.) An attorney or advocate; one who represents another in court; -- formerly, in English practice, the professional designation of a person admitted to practice in a court of chancery or equity. See the Note under Attorney..
Chancellor :: Chancellor (n.) A judicial court of chancery, which in England and in the United States is distinctively a court with equity jurisdiction..
Liable :: Liable (v. t.) Bound or obliged in law or equity; responsible; answerable; as, the surety is liable for the debt of his principal..
Legal :: Legal (a.) Governed by the rules of law as distinguished from the rules of equity; as, legal estate; legal assets..
Equity :: Equity (n.) Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality..
Respondent :: Respondent (n.) One who answers in certain suits or proceedings, generally those which are not according to the course of the common law, as in equity and admiralty causes, in petitions for partition, and the like; -- distinquished from appellant..
Answer :: Answer (n.) A counter-statement of facts in a course of pleadings; a confutation of what the other party has alleged; a responsive declaration by a witness in reply to a question. In Equity, it is the usual form of defense to the complainant's charges in his bill..
Equitable :: Equitable (a.) Possessing or exhibiting equity; according to natural right or natural justice; marked by a due consideration for what is fair, unbiased, or impartial; just; as an equitable decision; an equitable distribution of an estate; equitable men..
Subpoenaed :: Subpoena (n.) A writ commanding the attendance in court, as a witness, of the person on whom it is served, under a penalty; the process by which a defendant in equity is commanded to appear and answer the plaintiff's bill..
Ne Exeat :: Ne exeat () A writ to restrain a person from leaving the country, or the jurisdiction of the court. The writ was originally applicable to purposes of state, but is now an ordinary process of courts of equity, resorted to for the purpose of obtaining bail, or security to abide a decree..
Crossbill :: Crossbill () A bill brought by a defendant, in an equity or chancery suit, against the plaintiff, respecting the matter in question in that suit..
Unrighteous :: Unrighteous (a.) Contrary to law and equity; unjust; as, an unrighteous decree or sentence..
Right :: Right (a.) Conformed to the constitution of man and the will of God, or to justice and equity; not deviating from the true and just; according with truth and duty; just; true..
Policy :: Policy (n.) Management or administration based on temporal or material interest, rather than on principles of equity or honor; hence, worldly wisdom; dexterity of management; cunning; stratagem..
Justice :: "Justice (a.) Agreeableness to right; equity; justness; as, the justice of a claim..
Controversy :: Controversy (n.) A suit in law or equity; a question of right.
Decree :: Decree (n.) A decision, order, or sentence, given in a cause by a court of equity or admiralty..
Validity :: Validity (n.) Legal strength, force, or authority; that quality of a thing which renders it supportable in law, or equity; as, the validity of a will; the validity of a contract, claim, or title..
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