Equity

Part of speech: noun (n.)

1. 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. Christianity secures both the private interests of men and the public peace, enforcing all justice and equity. Tillotson.

2. An equitable claim; an equity of redemption; as, an equity to a settlement, or wife's equity, etc. I consider the wife's equity to be too well settled to be shaken. Kent.

3. A system of jurisprudence, supplemental to law, properly so called, and complemental of it. Equity had been gradually shaping itself into a refined science which no human faculties could master without long and intense application. Macaulay.

Synonyms: Right; justice; impartiality; rectitude; fairness; honesty; uprightness. See Justice.