equity etymology

Etymology:

The word "equity" originates from the Latin word "aequitas," which means "fairness," "impartiality," or "justice."

Meaning:

• Law: A body of rules and principles developed and applied by courts of equity to provide fair and just remedies when the existing law is inadequate or inappropriate.
• Finance: The value of a company or asset, calculated by subtracting its liabilities from its assets.
• Social justice: The fair and impartial treatment of all people, regardless of their background, status, or circumstances.

Origin:

• Ancient Greece: The concept of equity can be traced back to the philosophers Aristotle and Plato, who argued for the need for fair and just laws beyond the strict letter of the law.
• Roman law: In the 1st century BC, the Romans established a system of equity, known as the "ius aequum," to address the limitations of the strict civil law.
• English law: The English common law courts adopted the concept of equity in the 14th century, establishing a separate court of equity, known as the Court of Chancery, to provide equitable remedies.
• Modern law: Equity remains an important part of modern legal systems, providing courts with the flexibility to achieve fair and just outcomes when the law is insufficient or rigid.

equity relate terms

• equal

  Etymology Old French egal Latin aequālis Proto Indo European h₁éḱwos Meaning

• equitable

  Etymology Latin aequus equal abilis that can be Meaning Fair just an

• equity

  Etymology The word equity originates from the Latin word aequitas which means fair

• inequity

  Etymology The word inequity comes from the Old French word inequité which is itsel

• equity

  Etymology The word equity originates from the Latin word aequitas which means fair

• iniquity

  Etymology The word iniquity comes from the Late Latin word iniquitas which in turn

• justice

  Etymology and Origin of Justice Etymology The word justice derives from the Latin te

• doom

  Etymology The word doom comes from the Old English word dōm which has several mean

• sweat

  Etymology The word sweat comes from the Old English word swætan which means to per

• assets

  Etymology The word assets comes from the Old French word assetz which means enough

• stake

  Etymology The word stake has multiple origins Old English staca meaning a pole o

• steak

  Etymology The word steak comes from the Middle English term steik which in turn ori

• skate

  Etymology The word skate has multiple etymological origins Middle Dutch schaetse

• interest

  Etymology and Meaning of Interest The word interest originates from the Old French te

• natural

  Etymology The word natural comes from the Latin word natura which has a complex an

• premise

  Etymology The word premise comes from the Old French word premise which in turn come