Business / Loan / Equity: This is the dollar amount of your home that you really own. You can calculate your equity by taking the market value of your home and subtracting out the debt that is secured by your home. For example, if your house is worth $150,000 and you owe $65,000 on a first mortgage and $15,000 on a home equity line of credit. You would take $150,000 - $80,000 (65,000 + 15,000) to arrive at $70,000 in equity.

Other Words for Equity

Equity Noun Synonyms: fairness, impartiality, even-handedness, justice, fair play, objectivity, disinterest, fair-mindedness, equitableness, open-mindedness, disinterestedness, neutrality, tolerance, judiciousness, right-mindedness, high-mindedness

Debt To Equity Ratio

Business / Finance / Debt To Equity Ratio: A set of transactions in which a firm buys a country's dollar bank debt at a discount and swaps this debt with the central bank for local currency that it can use to acquire local equity. Also called MORE

Return On Equity (ROE)

Business / Finance / Return On Equity (ROE): Net income divided by equity. This ratio is often used as a measure of the return on funds invested in a business. MORE

Equity Fund

Business / Taxes / Equity Fund: Equity funds invest primarily in stock. The stock a fund buys — whether in small, up-and-coming companies or large, well-established firms — depends on the fund's investment objectives and managem MORE