Words / E / Law

equitable interest

noun/ˈɛkwɪtəbl ˈɪntrəst/

C1CEFR level
65/100Rarity: rare
TechnicalRegister

A right in property recognised and enforced by equity rather than at common law.

The buyer acquired an equitable interest in the land the moment contracts were exchanged.

Similar: beneficial interest

Topic: Property in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Property