equity
B1CEFR level
30/100Rarity: fairly common
TechnicalRegister
Law noun
The body of principles historically developed by the Court of Chancery to supplement and correct the rigidities of the common law.
Equity intervened to prevent the legal owner from unconscionably denying the claimant's beneficial interest.
Business noun
Ownership value in an asset after debts are paid.
The founders retained 60% equity after the round.
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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