erstellen eines neuen milchshakes represents a topic that has garnered significant attention and interest. Equity - definition of equity by The Free Dictionary. equity noun The state, action, or principle of treating all persons equally in accordance with the law: Equity legal definition of equity. Additionally, equity in Property Equity in property is the value of real estate above all liens or claims against it. It is used to describe partial ownership. For example, suppose the fair market value of a home is $80,000.
If the homeowner has a mortgage and owes $50,000 on the mortgage, the equity amount is $30,000. Having equity is the opposite of owning a bond or commercial paper, which is a debt the company must repay to you. Equity also refers to the difference between an asset's current market value -- the amount it could be sold for -- and any debt or claim against it. Equity of redemption legal definition of equity of redemption.
The equity of redemption must be exercised by a mortgagor within a certain time after having defaulted on an obligation. It exists only from the time of default to the time that fore-closure proceedings are commenced. It's important to note that, laches legal definition of laches. Cases in Equity are distinguished from cases at law by the type of remedy, or judicial relief, sought by the plaintiff. Generally, law cases involve a problem that can be solved by the payment of monetary damages.
Equity cases involve remedies directed by the court against a party. Moreover, equitable Estoppel legal definition of Equitable Estoppel. This illustrates the legal maxim: "he who seeks equity, must do equity." Example: Larry Landlord rents space to Dora Dressmaker in his shopping center but falsely tells her a Sears store will be a tenant and will draw customers to the project. In common parlance a suit asking for a court order for action rather than a money judgment is often called a "petition," but technically it is a "suit in equity." Equity loan financial definition of equity loan. A line of credit secured by the equity in the borrower's home.It is open ended,meaning the borrower may take advances, pay down the line to reestablish it, and then take advances against it as needed; usually renewed on an annual basis, with adjustable interest rates tied to the lender's prime rate.
fair and impartial or reasonable; just and right: equitable treatment of all citizens. pertaining to or valid in equity. pertaining to the system of equity, as distinguished from the common law.
Sweat equity - definition of sweat equity by The Free Dictionary. sweat equity synonyms, sweat equity pronunciation, sweat equity translation, English dictionary definition of sweat equity. Work, especially manual labor, performed in return for a share in ownership, as of a home, or in the expectation of increasing the value of a property...
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