The market value of property after the owner's indebtedness on that property has been declared. Back to the top
Fairness. Settling a dispute which cannot be covered by written laws. Each party states its side, and the court makes a judgment based on what is most reasonable and just.
In a margin account, this is the difference between the securities owned and the margin loans owed. It is the amount the investor would keep after all positions have been closed and all margin loans paid off.
The relative value of a poker hand in relation to the situation.
The value of property after the amount that is owed on it is subtracted.
Historically, the common law (made by judges) became entrenched in formal rules which could give rise to injustices. A system of equity also made by judges came into being which provides remedies where it would be unjust or unfair to enforce the common law. Cases now dealt with in the Equity Division of the Supreme Court include claims against people holding property for others (trustees), claims to stop people invading legal rights (injunctions), and claims requiring people to carry out their contracts (specific performance).
The "net worth" of the organization, calculated by subtracting the value of its liabilities subtracted from the value of its assets.
The value difference between the real value of a property and the mortgage value.
Justice administered according to fairness as opposed to the strictly formulated rules of the common law; a system of principles that originated in England as an alternative to the perceived harshness of rigidly applying the rules of the common law in every case.
A branch of English law which developed hundreds of years ago when litigants would go to the King and complain of harsh or inflexible rules of common law which prevented "justice" from prevailing. For example, strict common law rules would not recognize unjust enrichment, which was a legal relief developed by the equity courts. The typical Court of Equity decision would prevent a person from enforcing a common law court judgment. The kings delegated this special judicial review power over common law court rulings to chancellors. A new branch of law developed known as "equity", with their decisions eventually gaining precedence over those of the common law courts. A whole set of equity law principles were developed based on the predominant "fairness" characteristic of equity such as "equity will not suffer a wrong to be without a remedy" or "he who comes to equity must come with clean hands". Many legal rules, in countries that originated with English law, have equity-based law such as the law of trusts and mortgages.
As a principle of insurance, equity refers to fair and impartial treatment, a standard of fairness applied in establishing premiums, dividends, and policy values. It is based on the premise that all insureds with similar characteristics will be categorized under the same underwriting classification, pay the same premium, and receive the same dividends and policy values. Additionally, in connection with a policy's cash values and policy loan indebtedness, the policyowner's equity is the portion of cash value remaining to the policyowner after deduction of all indebtedness from loans or liens secured by the policy.
An individual's investment in property, which is able to be liquidated, usually in reference to real or personal property. Equity is the difference between the value of the property and the amount still owed on its lien.
A system of legal rules developed to modify common law. Also used as a general term for fairness and to describe the fact that a person has an interest in property even though they may not be the legal owner of the property.• Jointly Owned Property
Justice administered according to fairness; the spirit or habit of fairness in dealing with other persons.
The total value of a trading account, including cash on hand and the value of all instruments held.
A legal doctrine, which emphasizes fairness as opposed to law in resolving disputes. Sometimes referred to as Balancing of Equities.
Generally, justice or fairness. Historically, equity refers to a separate body of law developed in England in reaction to the inability of the common-law courts, in their strict adherence to rigid writs and forms of action, to consider or provide a remedy for every injury. The king therefore established the court of chancery, to do justice between parties in cases where the common law would give inadequate redress. The principle of this system of law is that equity will find a way to achieve a lawful result when legal procedure is inadequate. Equity and law courts are now merged in most jurisdictions.
The amount left over when you subtract the amount you owe on a property from the value of the property.
Your equity in the new home is the amount of your deposit. The bigger your deposit, the lower the proportion of the loan in comparison to the property value. The less that a lender has to contribute to a property the greater their security and willingness to lend you the money will be. A bigger deposit could also be seen as a stronger commitment to the purchase. Over time, a proportion of your repayments will go towards reducing the capital that you owe to the lender, so assuming the value of the property is unchanged, the amount of equity you own will have risen.
Another word for " share". A shareholder's equity is the value of the shares they hold. Also, a house owner's equity is the value of their home minus the unpaid mortgage – so negative equity occurs if the house is worth less than the outstanding loan.
In real estate, the difference between fair market-value and current indebtedness; also referred to as owner's interest.
Equity is a calculation of the value of a home: the dollar value less the outstanding balance of any loans.
the proportion of the property you actually own, - ie the property value less the mortgage loan outstanding.
Money value of property or an interest in property after all claims have been deducted. In connection with cash values and policy loan indebtedness, the policyowner's equity is the portion of cash value remaining to the policyowner after deduction of all indebtedness on account of loans or liens secured by the policy. As a principle of insurance, fair and impartial treatment; the principle that insurance premiums shall be set according to the degree of risk assumed and the benefits granted. In insurance law, equity is the name given to the rules and decisions that originated with the former equity courts, as distinguished from those that were handed down by law courts dealing with the common law and statute law. The importance of equity in cases concerning insurance lies in the fact that equitable remedies may be available when the legal remedy may not be adequate for the injured party. Also used to indicate a risk or ownership right in property or a business, etc., as shares of stock.
justice according to fairness, esp. as distinguished from mechanical application of rules (i.e., prompted by considerations of equity). Example: comity between nations, and equity require it to be paid for -- F. A. Magruder
The real estate value of a property that is not encumbered with debt.For example, if you have a home worth $200 000 and a mortgage of $100 000, you have $100 000 in equity.Equity can be used to borrow against.Foreclosed properties are an excellent way to build equity fast, since they often are under priced and require only very small mortgages.
The net value of a property. In real estate it is the difference between the market value of a property and any outstanding liens a borrower has on that property.
The difference between the current market value of a home and the total mortgage owed on the same home.
1. The ownership interest of common and preferred stockholders in a corporation. 2. In a margin or short account, equity equals what is owned minus what is owed.
The value remaining after all prior claims on an asset have been met. Hence the value of a house less the amount currently outstanding on the mortgage (known as the equity of redemption). Or the value of the shareholders' interest in a company. The system of law developed from the 16th century in the Court of Chancery alongside the Common law. The two systems were merged long ago but some aspects survive, notably the distinction between the legal estate (common law ownership) and equitable estate (beneficial ownership) in property. Although the equitable owner is entitled to all the benefits derived from the ownership, it is generally the legal owner who has to execute any documents and be named as a party in court actions.
An idea concerned with social justice, fairness, opportunity and the acceptance of difference.
The value of the vehicle less any outstanding finance
The amount by which the value of the borrower's home exceeds the amount owed on the mortgage loan. If the borrower's home is worth $100,000 and the borrower owes $65,000 on the mortgage loan secured by the borrower's home, then the borrower's equity in that home is $35,000 or 35% equity in the home.
Equity is the difference in what is owed on a vehicle and how much the vehicle is worth.
The value of the business which exceeds the claims or liens of others against it.
An increase in the value of your home or decrease in the loan amount on your home creates equity. Equity is the difference between what is owed on your home and the sale value. Most home equity lenders will allow you to borrow up to 80% of that value.
This is the estimate of your financial ownership of your home. The usual calculation is to take away the value of your outstanding mortgage and any other loans secured against it from the anticipated sale value of the property.
The difference between the market value of the property and the existing mortgage balances.
The proceeds from the sale of a property through a Section 1031 Exchange.
Generally used to denote the financial interest of a person in a property or business enterprise, e.g. a person's equity in his house is the difference between its value and the amount still owed to a Lender. A person's overall equity refers to his net financial worth, or the difference between what he owns and what he owes (i.e. Assets - Liabilities = Equity).
The difference between the value of your home and the amount you owe on it.
The value an owner has in a property in excess of the debt against it.
The expected value of a backgammon position. Specifically, the sum of the values of the possible outcomes from a given position with each value multiplied by its probability of occurrence.
The difference between the price for which a property could be sold and the total amount owing on it.
The difference between the fair market value of a home and the balance of the mortgage.
The difference between the market value of property and any outstanding mortgages, loan balances or other encumbrances on the property.
The value of an investment less any loan amount outstanding.
fair market value of a house minus any balance due on the mortgage.
The difference between the market value of the property and what is owed on the property.
The difference between the market value (appraisal) of the home and your remaining mortgage balance. As you pay down the mortgage balance, your equity or ownership in the home increases.
The value of any holdings in excess of any debts against it. For example, the equity in a home is the appraised value less the amount of the mortgage.
The difference between what is owed on the property and what it could sell for (less any costs of sale).
The difference between the fair market value of the property and the total amount of money owed on that property.
The proportion of the mortgaged property that is owned by you.
The difference between the current value of a property and the outstanding mortgage amount at any time.
The market value of your property less any outstanding liens and encumbrances, and the costs of sale.
The home owner's interest in a property; the difference between fair market value and the current amount the owner owes on the property.
The difference between the value of your property, and the amount of loan secured on it
The difference between the market value of he real property and any liens on the property.
When talking of property and mortgages this normally means the difference between the value of a property and the amount owed on mortgage(s)
Is the difference between the unpaid principle balance and the fair market value of the property. As the loan is paid down, the equity increases as it does with appreciation in the market value of the property.
The true value that an owner has in a property over and above the debt upon it.
The difference between the amount owed on a mortgage and the current market value of the property. Positive equity When the market value of the property increases to become greater than the value of the mortgage you have positive equity. The increase is known as equity appreciation. Negative equity When the market value of the property decreases to become less in value than the mortgage you have negative equity. The dcrease is known as equity depreciation.
the difference between the market value of the property and the amount of the owner's mortgage on that property.
The value of a property minus outstanding mortgage debt and other liens. Equity is the portion of your property that you have already paid for plus the appreciation, if any, in the value of the property since you acquired it.
The surplus of value which may remain after existing liens are deducted from the property.
The difference between the current market value of a property and the total amount still owed against that property.
The difference between the fair market value (appraised value) of your property and any outstanding loans, liens and encumbrances.
The difference between the market value of your home and the amount you still owe, plus any liens against the property.
The value of an asset which had been paid for by the owner and which is not funded by a loan.
The resulting amount after subtracting your business' debt from its current market value. For example, if your debts come to $75,000, but your business could sell today for $275,000, you have $200,000 worth of equity.
The value of a debtor's interest in property that remains after liens and other creditors' interests are considered. (Example: If a house valued at $100,000 is subject to a $80,000 mortgage, there is $20,000 of equity.)
The value, which an owner has in property over and above all liens held against it.
The residual value of a business or investment after all debts and other claims are settled.
Assets less liabilities equals Equity. (Example: If the market value of your house is $150,000 and your mortgage balance is $110,000, you have $40,000 worth of Equity in you house. 150,000 - 110,000 = 40,000.)
The residual value of a property (in this case an automobile or home) that is free and clear of any liability or lien.
Equity represents the percentage of your assets that you personally own. For instance, if you have a mortgage on your home, the "equity" in your home equals the market value of your home minus the amount of your mortgage.
The difference between the market value of a property used as security for a loan and the amount of the loan.
The difference between your home's fair market value (sale or appraised value) and all unpaid liens.
This is the amount by which the value of a bonded property exceeds the amount owing on the loan.
Financial interest in real estate. Equity is the difference between the value of the property and the amount owed.
This is the difference between the value of your car and what you have left to pay off the loan.
This is the value built up during the time the home is owned that is above the value of the home. This figure can be calculated by subtracting the fair market value for the home the total of an unpaid mortgage and any outstanding liens such as a second mortgage.
The difference between the fair market value and the total encumbrances against the property.
market value of property, less any encumbrance or other liens on it.
Property Loans/Liens subtracted from Property Value yields Equity; typically expressed as a percentage of the property value.
Fair market value less the amount of liens/mortgages. For example, if your house is appraised for $100,000 and you have a mortgage of $80,000, you have $20,000 equity in your property. Over time, you earn more equity as you pay off the mortgage and the value of your house increases.
The difference between the appraised value of the property and the outstanding mortgage balance(s).
In mortgaging, the difference between lending value, or cost, and indebted ness.
The monetary value of a property beyond any amounts owed on it in mortgages, claims, liens, etc.
It is the difference between the current value and the outstanding liens (the legal right to hold property of another party) on a property.
the difference between an asset's current market value (what it would sell for) and any debt or claim against it. In other words, your equity is the value of an asset or that portion of an asset that you own.
The difference between the market value and the mortgage or liens against a property.
Value of the stockholders' ownership of a corporation, equaling the difference between the company's total assets and its total liabilities. Equity includes preferred stock, common stock, retained earnings, and other surplus reserves. Equity is also called book net worth or total proprietorship.
The property's value after the loan amount is subtracted.
The difference in the value of the property and the amount of money owed on the property.
the value of a property minus any money owed on it.
Equity is the difference if positive between the price for which a property could be sold and the total debts registered against it.
The value of an account. It is the sum of all cash and market value of any security held minus any obligations such as margin loans.
The ownership interest-that portion of a property's value beyond any liability therein.
The value of a company after all liabilities have been taken into account.
Owners interest in property over mortgage balance and market value
Residual value of a property, calculated by deducting liens or mortgages from its gross value.
The amount of money between what the property is worth, and the amount owed. (Sample: if you sold a house for $100,000 and paid off a $70,000 loan, you would receive $30,000 for your equity)
Equity is an owner's financial interest in a property after deduction of the outstanding mortgage balance.
the amount of cash ownership in a property, calculated by deducting the value of the mortgage from the market value of the property
Value of a property to the owner, measured by the fair market value of the property less any debt on the property.
How much you own of an asset. For example, if your home would sell for $100,000, and you owe $90,000 then you have $10,000 in equity. If your car would sell for $5,000 and you owe $8,000, you do not have any equity. Owing more than the value of the asset, is often called being “upside down.
The difference between a property's value, and the amount due on mortgages.
Equity is the portion of the value of a property that is actually yours. In other words, you take the full value of the property, subtract the amount you owe on the property, and the remainder is your equity. Equity can be gained by paying off the mortgage, improving the property, or appreciation of the property.
The degree to which assessments bear a consistent relationship to market value.
The portion of a property's value over and above the amount owed against it.
The difference between the market value of an asset and the secured debt against it.
Value of property minus the debts or liens against it. Increasing ownership margin during the years as the mortgage is paid off.
A body of judicial rules developed under the common law used to enlarge and protect rights and enforce duties while seeking to avoid unjust constraints and narrowness of statutory law; also the unrealized value of a person's investment or ownership, as in a trust beneficiary's "equitable interest."
the difference between current fair market value of a piece of property, and the amount of debt the owner still owes on the property.
The monetary value of the ownership of an investment.
The financial interest actually owned free of other encumbrance in a piece of property or other asset.
The amount of money calculated by subtracting the amount still owed on the mortgage from the fair market value of the property.
The difference between the fair market value of a property and that amount an owner owes on any mortgages or loans secured by the property.
Relates to providing health care of equal quality to those who may differ in personal characteristics other than their clinical condition or preferences for care.
The difference between what a property is worth and how much is owed on the mortgage(s).
Owning an Equity or Share means you are part owner of a business. If the company is successful the value of the Equities will rise or it will be able to pay a higher annual dividend. The better the company does, the better the investor does.
The difference between the value for which you could sell your property and what is owed against it. There is an important distinction from "down payment" to a lender. For example, if a buyer purchases a home without a down payment, he/ she can have "equity" if the value of the property quickly goes up.
The difference between the value of all assets less all liabilities.
The difference between the owner's interest in a property and the outstanding loan balance.
The difference between the actual value of your home and what you owe on your mortgage loans. "Equity" is the cash you would put in your pocket if you sold the home; in other words, it is that part of the house that you own, not the bank.
Your level of ownership in a property. The difference between the market value of the property and what you owe.
The difference between the market value of a property and the debt(s) owed on the property.
The value of property belonging to an owner above the amount of all mortgages.
Equity is the net value of a residence minus the unpaid portion of the mortgage and less any other outstanding amounts (such as a second mortgage, a lien, etc).
The value of your home minus any outstanding loan.
The difference between the market value of a home and the amount the borrower owes on it. Example- If your home is worth $160,000 and you have an outstanding mortgage of $130,000, your equity is $30,000.
The difference between the fair market value and the amount owed on your mortgage loan, also referred to as "owner's interest."
The difference between the market value of the property and any outstanding mortgages registered against the property. This difference belongs to the owner of that property.
When used in reference to direct pay this concept refers to a criterion of pay based on similar responsibilities and contribution to the organization. It may focus on the “fairness” of pay between employees within or outside the organization.
The current value of a property to its owner, minus outstanding mortgage payments or other debts.
The value in which the owner has in real estate over and above the mortgages against it. When the mortgage and all other debts against the property are paid in full, the owner has 100% equity in his property.
the value of the property actually owned by the homeowner: purchase price, plus appreciation, plus improvements, less mortgages and liens.
The value of a property minus the amount owed on the property.
This is the difference between the amount of mortgage you have, and the value of your property.
The value an owner has in real estate over and above the obligation against the property. In other words, that portion of the property which the owner actually owns, having already paid for it. (It's also referred to as the owner's interest.) If a homeowner owns a house valued at $200,000.00 and has a mortgage of $50,000.00, the homeowner's equity is $150,000.00 (the value less the mortgage). As the value of the house increases or decreases, the homeowner's equity increases or decreases accordingly. The lender's equity is always equal to the value of the outstanding loan.
A homeowners financial interest in a property.
The monetary value of a property or business which exceeds the claims and/or liens against it by others.
The net value of a mortgaged property after the deduction of charges/mortgages.
Real estate: the residual ownership claim on a home's value. Equity equals the fair market value of a home, less any mortgage debt or other obligations. Stocks or businesses: an ownership stake in a company. Shareholders equity is equal to assets minus liabilities.
The difference between what is owed on a debt and the value of the collateral securing the debt.
Net ownership; the difference between market value and current indebtedness, usually referred to as the owner's interest.
The interest or value that an owner has in real estate, over and above the mortgage or debt against it.
The difference between the homeowner's outstanding mortgage balance and the fair market value of a property.
The value of your property after you subtract what you owe.
Equity is the difference between how much a home is worth and how much is owed on the mortgage.
Fairness, social justice. In vocational education and training, equity policy incorporates measures to improve access to, participation in, and outcomes of, vocational education and training for those who may be disadvantaged or have traditionally been under-represented - particularly indigenous Australians, people with a disability, women, people in remote and rural communities, and people from non-English-speaking backgrounds.
Equity is the difference between the market value of the property and the amount that is still owed on that property.
The value of a personâ€(tm)s ownership in real property or securities; the market value of a property or business, less any claims or liens on it.
The difference between the value of a property and the amount of mortgage and/or secured loans owed.
The interest or value that an owner has in property over and above any indebtedness.
Recognition of the need for measures to ensure fairness. Equity is achieved through practices that correct and prevent disadvantages for designated groups through reasonable accommodation of differences and programs that remove barriers.
The value of your vehicle, minus the total amount owed on it.
(Home) Equity is the difference between the price for which a property (home or land) could sell for, and the total debts (amount owing) against it.
The amount of an asset that is owned (e.g. the value of the property less any outstanding loans secured by the property).
The value of property beyond the amount owed on it.
Equity is the value of your home when outstanding mortgage amounts and other loans have been subtracted. Thus, if your home is valued at £100,000 and your outstanding mortgage is £75,000, you are said to have £25,000 equity in your home. Equity can be turned into cash quite easily, as many companies are willing to offer loans secured against any equity you have.
The market value of property minus any outstanding mortgage or cooperative loan balance or other encumbrance on the property.
Equity is the difference between the remaining balance owed on your mortgage loan and the appraised value of the home. Your equity increases if your home increases in value and as you make your monthly payments of principal and interest. The principal portion of your payment is used to repay the amount you borrowed.
The amount of a property that is actually "owned" by the homeowner, versus the amount still owed on its mortgage.
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.
Equity is the percentage of your home that you actually own. It's the difference between your home's appraised value and your outstanding mortgage balance.
The difference between the market value of the property and the owner’s outstanding debt.
Value of a person's ownership in real property or securities. For instance, current market value of a home, less principal remaining on its mortgage, is the equity of that property.
The difference between the fair market value of the asset and the current debt balance against it; also referred to as the Ownerâ€(tm)s interest.
The difference between the market value of a property and the dollar value of any encumbrances against it.
Difference in dollars between a house's anticipated sale price and the mortgage.
The difference in amount between the fair market value of the property and the amount still owed on its mortgage and other liens.
The ownership interest; i.e. portion of a property's value over and above the liens against it.
The value of a piece of property after you subtract any money still owed on the property. If your home is currently worth $200,000 and you owe $75,000 on the mortgage you have $125,000 in equity.
The owner's interest in a property, calculated as the current fair market value of the property less the amount of existing liens.
(1) The interest or value which an owner has in real estate over and above the debts against it. (2) A type of court of record.
The net value of a business after all debts, claims and assets have been liquidated.
The current market value of an asset less any loan or liability.
a property owner's net interest in a property; a property's value minus its encumbrances.
The difference between what is owed by way of mortgage on a property and the value of the property.
The difference between the fair market value and current indebtedness, also referred to as the owner's interest.... read full article
A homeownerâ€(tm)s financial interest in a property. Also can mean the difference between the market value of your home and how much you owe on the property.
the difference between the value of the car and what you owe on it.
The bit of the house that you actually own! It's the difference between the market value of the property and the amount still owed to the lender.
Term used for the administration of justice according to principles of fairness and conscience, balancing the hardships in those cases where legal remedies and monetary damages would not suffice. Intragenerational equity is the principle by which all sections of the community share equitably in the costs and benefits of achieving sustainable development. Intergenerational equity is the principle by which each generation utilizes and conserves the stock of natural resources (in terms of diversity and carrying capacity) in a manner that does not compromise their use by future generations.
The difference between the fair market value and current debt owed on the property.
When you subtract all your business' debts from its current market value, that's your business' amount of equity. For example, if your debts come to $75,000, but your business could sell today for $275,000- you have $200,000 worth of equity.
The amount of value in a property that isn't covered by a mortgage - simply take the amount of the mortgage from the valuation to work out the equity.
difference between the fair market value of the home and current indebtedness, also referred to as the owner’s interest.
The difference between the actual value of a property and the amount of any loan secured against that property.
Fairness or justice, usually referring to the equitable distribution or something valued. In education, it refers to the fair distribution of funding, technology, facilities, services, and equal educational opportunities for all students.
The difference between the appraised value of a property and the amount owing against it. Mortgage basics for Alberta mortgages.
Equity is the net value of an investment. A house owner's equity is the value of the house minus the unpaid mortgage. Thus negative equity occurs when the house is worth less than the debt on it.
A homeowner's financial interest in a San Jose home. Also can mean the difference between the market value of your home and how much you owe on the San Jose home.
This refers to the excess that the value of a piece of property has over any charges or encumbrances against that piece of property.
Your equity is the difference between what your property is worth and how much you owe on your original mortgage loan(s). If your house is could sell for $100,000 and you owe $25,000 on your mortgage, you have $75,000 worth of equity.
The difference between a home's value and the mortgage amount owed on the home.
The difference between the appraised value of your home and the outstanding mortgage balance(s).
The difference between the fair market value of your home and what you owe on your loan.
The interest or value which an owner has in real estate over and above the liens against real property.
The property's current value minus the sum of all liens against it.
The difference between the value of a property and what you owe to the bank or other lender(s). Eg: value $500,000, first mortgage $250,000, second mortgage $50,000. Equity is $200,000
The difference between the market value and the amount of the owner's indebtedness on a property.
In real estate, it is the difference between the value of the property and the amount owed on the property.
The interest of the owner in a property over and above all claims against the property. It is usually the difference between the market value of the property and any outstanding encumbrances.
The difference between indebtedness and market value of a property.
Equity means the amount of value/appreciation your property has gained above what you owe on your loan. Example: If your property's market value is $280,000. And you owe $180,000. On your loan. The equity in your property is $100,000.
The difference between what a property is worth and the loan balance.
() A homeowner's financial interest in a property. Equity is the difference between the fair market value of the property and the amount still owed on its mortgage.
Net value of a mortgaged property after the mortgage legal fees and any other loans have been deducted.
The portion of a property's value over and above any liens against it. Also the ownership interest of common and preferred stock shareholders in a corporation.
The difference between the residual value and the realized value at the end of the lease. The lessee may be entitled to a refund if the realized value is greater than the residual balance.
A system of law that supplements the statutory and case law and is administered according to fairness.
A system supplemental to the law.
The value of a piece of property over and above any mortgage or other debt against the property.
The value of the property, less the loan balance and any outstanding liens or other debts against the property.
In the real estate world, it's the difference between the fair market value of a property (what a property is worth) and what is still owed against that property (a mortgage balance, or other liens).
Ownership interest held by stockholders in a corporation. In the context of a brokerage account, it refers to the market value of the securities minus debit balance and credit balance.
The difference between the home's selling value and the debts against it.
If you deduct the amount of your mortgage from the sum your property has been valued at, the remaining figure is the amount of home equity you have.
The difference between the price for which a home could be sold and the total debts registered against it. Equity usually increases as the outstanding principal of the mortgage is reduced through regular payments. Market values and improvements to the property also affect equity.
value of a homeowner's property after deducting existing liens.
The difference between the fair market value of the property and the current loan balance; the new ownership.
The difference between the market value of your house and the amount outstanding on your mortgage.
The amount of financial interest in a property. Equity is the difference between the fair market value of the property and the amount still owed on the mortgage.
This is the difference between what you owe on your mortgage and what your property is worth on the open market. If the property is worth less than you owe, this is known as ‘Negative Equityâ€(tm).
This is the difference between what you owe on your mortgage loan and the appraised value of the home. Your equity increases if your home goes up in value, and also when you pay on your principal each month.
state of being equal or fair
(vehicle): The value of the vehicle minus the loan amount.
The difference between the value of your property and the total amount of borrowings secured against it. For example, you may have borrowed a £30,000 mortgage but your house is worth £60,000. This would mean that you have equity of £30,000.
The difference between fair market value and current indebtedness (balance due). For example, if a person owes $10,000 on his home and the market value is now $50,000, he now has 80% equity in his home ($40,000 out of $50,000).
A homeowner's share of the market value of their property after mortgage debt and other liens.
The difference between a property’s value and the balance of the mortgages and other debts against it.
The value of ownership which results when you deduct the mortgage balance or other claims form the market value of the home. Assuming the market value doesn't change, the equity in a home increases as the mortgage balance is reduced.
This is the amount of funds the transferee receives upon the sale of their property. It is the purchase price less the amount owed on any mortgage(s) after prorations have been done for mortgage interest and real estate taxes.
Equity is the difference between the selling price and any charges against the property and appraised/market value.
The difference between the appraised value of a property and the balance of a first mortgage and any other outstanding liens on the property.
Equity is the rupee value of one's ownership in a piece of property e.g., one's home equity is the current market value of the home less the mortgage's remaining unpaid principal.
An emotional and rational concept of fairness regarding the distribution of risk exposure and the distribution of benefits from risk exposure.
The monetary difference between the current market value of a property and the debts secured against the property.
Difference between market value of a property and the outstanding mortgage on it.
The part of the value of the house that belongs to you. For example: if you buy a £100,000 property and put down a 10% deposit, then you have £10,000 equity in the property. Negative Equity, on the other hand, is when the value of your property in current market value, is worth less than your mortgage, making it hard and expensive to move. When house prices plummeted in the early Nineties recession many homeowners went into negative equity.
the difference between your home's fair market value and your current indebtedness, usually referred to as the owner's interest.
The difference between the price that a home is worth and the total debts, liens, mortgages etc. registered against it.
that body of principles and procedures providing justice where the rigor of the common law might work injustice, or where no common law remedy exists; it is obtained at a court of equity, under the control of a chancellor
This represents the difference between what you owe on the property (the mortgage) and what the property is actually worth. For example, you purchase a home for $115,000. Five years later the properties value increases to $125,000, but you still owe $75,000 on your mortgage. The difference between the value of the property and the mortgage amount you owe is $50,000 ($125,000 - $75,000). So, you now have $50,000 in equity in the property.
How much of your home you actually own. To figure out your equity, subtract the amount you owe on your loan from your home's current market value.
The owner's net value left after payment of all mortgages, liens, and claims.
The difference between the fair market value and current indebtedness, also referred to as the owner's interest. The value an owner has in real estate over and above the obligation against the property.
The value of a property minus the loan secured on it.
The owner's interest in a property, which is the difference between the fair market value and current debt.
The value of a property beyond any liens against it. Also referred to as owner's interest.
The amount or value of a person's interest in a property in excess of any lien against the property. For example, if a person makes a down payment of $30,000 on a property with a market value of $120,000 and takes out a mortgage for $90,000, at the time of purchase the buyer would have a $30,000, or 25% equity in the property.
The amount of value in a property over and above the amount that is mortgaged.
The portion of the value of the property which is not encumbered by a mortgage or other loan. It can also refer to the amount of money being used as a deposit on a property. Equity is also known as ‘capitalâ€(tm).
The owner's value of interest in a property.
Think of this as your current vehicle's net worth: the value of the vehicle at the wholesale level (asset) minus any loan amount (liability).
The market value of the property minus any loans, liens, or debts against that property.
The difference between market value and how much is owed on a property.
The difference between the market value of a property and the homeowner's outstanding mortgage balance. If your home is worth $100,000 and you owe $65,000, you are said to have 35% equity in your home.
This is the difference between the value of the mortgage against a property and its current market value. If the sum of all loans secured on a property is greater than the market value, this is known as negative equity.
The difference between what is owed against a property and its fair market value is the properties Equity.
The amount of money held in a property, being the value of the property less any money owed on mortgages on it.
Equity is the sale price minus selling costs and the remaining principal on the mortgage. The money you are left with after selling your home and paying off the mortgage, selling costs and any other liens. The amount of ownership that one has in a home. Ownership value is built up by paying down the principal on your mortgage plus the increase in value (appreciation) of your home in the market place.
another word for stock, or similar securities representing an ownership interest. Also the difference between the value of something and any debt tied to it.
The difference between the market value of a house and the amount still owed on the mortgage. It's value of a property minus outstanding mortgage debt and other liens. Increased equity positions you as a safer risk to lenders and enhances your financial position by lowering or eliminating some expenses, such as insurance and rates.
Equity is the difference between the market value of your property and any outstanding loans against the property. Example: If your home has a fair market value of $200,000 and you have a mortgage loan balance of $125,000, then you have $75,000 equity in your property.
This refers to the difference between how much your property is currently valued and the amount of any existing debt taken against it.
The value in your home above the total amount of the liens against your home. If you owe $100,000 on your house but it is worth $130,000, you have $30,000 of equity.
The difference between the amount owed on the loan and the current market value of the home or property.
The value of a property minus the ownerâ€(tm)s outstanding mortgage balance.
The difference between your home’s value and the money you owe against it.
The market value of real property, less the amount of existing debt or liens.
How much do you own on a property? How much is it worth? The difference (assuming your debt is lower) is the equity. Higher equity makes approving a refinance or second mortgage easier.
The owner interest in a property. Market value less all financing.
The value of your account.
The state of being fair and impartial; here, fairness in opportunities and treatment under the law
Fairness. A system of legal rules developed by the Lord Chancellor and Courts of Chancery in England to modify the harshness of the common law (q.v.). Also the extent of a person's interest in property.
The portion of the property owned outright (for example, with a 20% down payment the buyer has 20% equity). Equity increases as the mortgage is paid off.
The amount of money a home owner has after subtracting the money owed for the mortgage, taxes, and any other liens from the sales price (Tip – Concessions paid to buyer by a seller will also negate a seller’s equity. For example, paying for a buyer’s closing costs will lower your over all equity.)
The value of a homeowner's unencumbered interest in real estate. Equity is computed by subtracting from the property's fair market value the total of the unpaid mortgage balance and any outstanding liens or other debts against the property. A homeowner's equity increases as they pay off their mortgage or as the property appreciates in value. When the mortgage and all other debts against the property are paid in full the homeowner has 100% equity in their property.
The net worth of an individual farmer or business firm, the net value of property after all debts are deducted.
A system of jurisprudence founded on principles of justice and fair conduct.
A homeowner's financial interest in a property. Equity is the difference between the fair market value of the property and all amounts owed on the property. On a new mortgage purchase loan, the down payment represents the initial equity in the property.
The value you hold in your home. The total value less any mortgage or other liabilities on a property.
The difference between the fair market value of a property, minus any existing liabilites.
This is the amount of money that you have vested in your home. This can be determined by subtracting the lien amount from the property's value.
The value of an asset after deducting any money owing on it.
The value of a homeowner's unencumbered interest in real estate. Equity is the difference between the home's fair market value and the unpaid principal balance of the mortgage and any liens. Equity increases as the mortgage is paid down and as the property appreciates in value.
The value a property owner has in a property after their obligations relative to loans and other possible debts are covered.
Equity refers to the considerations of fairness or justice in the setting of rates - fairness between investors and consumers when the general level of rates is at issue, and the fairness among different classes of consumers when the rate relationships are under inquiry. Fair treatment in the setting of rates does not necessarily mean equal rates since, for example, the unit costs of serving different customer classes may be different. Also, that part of a business enterprise owned by the stockholders. Usually represented in the financial
An owners financial stake in a property. It is the difference between the value of the property and the standing loan amount against the property.
1.The difference between the value of a piece of property and the charges against it. 2. In law, equity is a system that overrides the common and statutory law to bring about a fair and just result, particularly in those areas where the remedy at law (money damages) is inadequate. Specific performance of a contract ordered by the court is an equitable remedy.
The fair market value of an asset less any outstanding indebtedness or other encumbrances.
The value of a property owner's interest in a property after deducting the amount of all liens (including loans) outstanding against the property from the fair market value. Equity increases as the mortgage is paid off and as the property appreciates in value. When the mortgage and all other liens against the property are paid in full, the homeowner has 100% equity in his property.
A homeowner's financial interest in a property. This is calculated as the value of property, less any loans owed on the property and/or liens on the property.
The value of the business to the owner of the business (which is the difference between the business's assets and liabilities).
Just, fair, and impartial treatment of all people and population groups, including low-income, cultural, and ethnic populations potentially more affected by pollution.
The combined value of the account deposits and holdings, if open positions are immediately closed at market prices.
The difference between the price for which a property could be sold less the total debt registered against the property.
The value of your home after the outstanding balance of any loans are subtracted.
The difference between a property's market value for selling and the mortgage plus other debts taken against the property
The value of your home less the amount that you owe on your mortgage.
The difference between the fair market value and current mortgage amount.
For cotton placed in CCC loan, the difference in the cash market value and the loan amount.
The amount of the money left over after subtracting the amounts owing on all financial charges registered against the property from the fair market value.
The interest of the owner in a property over and above all claims to the property. It is usually the difference between the Mortgage(s) and the market value of the property.
This is the amount of worth in your home that you owe no money on. Let's say an appraiser has valued your house at $100,000. You currently owe $60,000 on your mortgage. This means you have $40,000 worth of equity.
The difference between a home's fair market value and the loan amount, and/or encumbrances (such as liens or claims) against it.
The value of the property actually owned by the property owner, often calculated by adding together the purchase price, appreciation and value of improvements and then subtracting the amount of all mortgages and liens on the property.
The difference between a property's purchase price and the amount financed.
That interest or value remaining in property after payment of all liens or other charges on the property. A owner's equity is normally the monetary interest over and above the mortgage indebtedness.
Is the percentage, or the amount, of your home that you actually own. Equity increases as the mortgage decreases and equity is affected by market values and also home improvements.
Equity is the dollar value of a person's ownership in a piece of property. For example, the student's home equity is the current market value of the home less the mortgage's remaining unpaid principal.
A home owner’s financial interest in a property. Equity is the difference between the price for which a home could be sold and the amount still owed on its mortgage. Equity usually increases as the outstanding principal of the mortgage is reduced through regular payments. Market values and improvements to the property also affect equity.
The difference between the marketvalue of property and the homeowners's indebtedness (mortgage).
Simplified, a branch of jurisprudence separate and different from the common law. Historically, the chancellor, or special chancery courts, heard cases in equity. In equity there were no juries, and causes of action, methods of proof and remedies differed from those of the common law. Today in virtually all states equity has "merged" with the common law. However, at the time of these cases, the judges would sit "in chancery." "Solicitors," not attorneys, would file "bills," not declarations.
the interest that one has in a real property as an owner.
The value of real estate over and above the liens against it. It is obtained by subtracting the total liens from the value.
The difference between the value of the property and the amount of mortgage outstanding. NB, can be positive or negative.
The difference, in dollars, between the market value of a property and the principal owing on debts secured against the property. The amount of money the owner will be able to keep from a sale transaction once the mortgages are paid out. Also known as "owner's interest".
The value of the property minus the loan amount.
The interest or value that an owner has a real estate over or above liens against the property. The difference between market value and the existing indebtedness.
The difference between the price for which a property can be sold, and the mortgage on the property. Equity is the owner's stake in a property.
The value of property after all financial obligations are removed. This is what you actually own.
A system of jurisprudence supplementing the common law and enacted law under which justice, impartiality, and fairness is applied in circumstances not covered by enacted or common law.
The difference between the fair market value (appraised value) of your home and your outstanding mortgage balance. For example if you own a home worth $150,000 and owe $120,000 on the mortgage your equity would be 20% or $30,000.
The difference between the value of a home and the amount of any monies owed on it.
The value of a person's ownership in real property or securities; the market value of a property or business, less all claims and liens upon it.
The market value of real property, less the amount of outstanding loans secured by the property.
The interest an owner has in a property in excess of any debts against the property. Equal to the value of the property less any debts secured by or against the property.
The difference between the value of your home and what you owe on all your loans. Also known as owner's interest.
The difference between the market value of the property and the home owner's indebtedness (mortgage).
The difference between the market value of a home and what is owed to the mortgage company.
The difference between a property's current value and the total debt against it. A property worth $1,000,000 with loans totaling $750,000 has equity of $250,000.
A right, claim or interest in property.
The non-mortgaged part of a property - the bit you actually own yourself! In other words, if you have a property valued at £100,000 and mortgage of £75,000 you have £25,000 equity. Negative equity is the unfortunate predicament of having a mortgage that exceeds the actual value of the property. With the rising prices of recent years the problem of negative equity has been on the wane, but the horror stories of the early 90s are a useful reminder of the importance of looking at the long term responsibilities of a mortgage and assessing affordability sensibly at the outset.
Calculated by subtracting the balance owed on a home from the market value.
The financial interest of a property owner in excess of any encumbrances, limited by it market value.
In housing terminology, equity is the difference between the value of the property and the money owed on the property. So if the property is valued at £200,000 and you owe £150,000 on the mortgage, you have equity of £50,000. If you sold at that moment, you would receive £50,000. Should the value of the home be less than the mortgage outstanding then you have negative equity.
the difference between the value of a property and the amount of the mortgage and other loans outstanding against it
Once you own a home, your equity is the difference between the loan amount and the current value of the home. A ratio can be applied to the dollar amount of your equity, its called the LTV or Loan to Value Ratio.
The total value of your property less the amount of the mortgage. For example, if your house is worth £110,000 and you have a mortgage of £60,000, you have £50,000 equity.
Difference in the market value of a home and the total amount of debt or other encumbrances used to pay for the home. As market value increases and the borrower repays the mortgage loan, equity increases.
The estimated value of your home, minus the amount you still owe.
The difference between a property's value and the balance of the mortgage loans still owed on the property.
An owner's interest in property or business; the market value of the property or business, less all claims and liens upon it.
The residual dollar value of a futures trading account, assuming its liquidation at the going market price.
The value of a homeowner's unencumbered interest on real estate. Equity is computed by subtracting the total of the unpaid mortgage balance and any outstanding liens or other debts against the property from the property's fair market value. A homeowner's equity increases as he or she pays off his or her mortgage and/or as the property appreciates in value. When a mortgage and all other debts against the property are paid in full, the homeowner has 100 percent equity in his or her property.
What your home is valued at after the balance of what you owe is subtracted.
The residual value of a business or property beyond any mortgage thereon and liability therein.
The difference between market value and current loan, also known as owner's interest.
The difference between the market value of the home as to what is owed on it.
An owner's financial interest in a property typically caculated as the difference between the value of the property and the sum of liens on the preperty.
The difference between the value of the property and the amount of any loan secured against it.
The difference between the market value of a property and the amount still owed on any mortgages.
The value or interest an owner has in real property over and above any mortgage debt or other liens against the property.
This is the amount of money you would have if you sold your home. To calculate this, subtract the value of your outstanding mortgage and any secured loans from the current value of the property.
The interest or value which owner has in real estate over and above the debts against it. (Sales Price - Mortgage Balance - Equity).
A homeowner's financial interest in a property. The difference between the market value of a property minus all liabilities owed on the property.
The interest or value which the owner has in real estate over and above the liens against it.
The difference between the market value of a house and the amount the homeowner owes on it. For example, if your house is worth $180,000 and you have an outstanding mortgage of $110,000, your equity is $70,000.
For a homeowner, this is the difference between what the property is valued at and the amount of any loans secured against it.
The value a brand possess over other brands.
The difference between the appraised value in your home and the amount of your mortgage balances.
Fairness; usually applied when a judicial body awards a suitable remedy other than money to a party (e g., an injunction).
The market value of a person's home or real estate, less the value of all existing liens.
A normative measure of the fairness of a transportation project or a strategy among all users.
The owner’s interest in a property over and above all claims to the property.
The value of the owner's investment in the business. On the balance sheet, equity is calculated by subtracting total assets from total liabilities and is written on the liability side of the balance sheet.
The value of the vehicle less the loan amount.
"n. 1) a venerable group of rights and procedures to provide fairness, unhampered by the narrow strictures of the old common law or other technical requirements of the law. In essence courts do the fair thing by court orders such as correction of property lines, taking possession of assets, imposing a lien, dividing assets, or injunctive relief (ordering a person to do something) to prevent irreparable damage. The rules of equity arose in England where the strict limitations of common law would not solve all problems, so the King set up courts of chancery (equity) to provide remedies through the royal power. Most eastern states had courts of equity or chancery separate from courts of law, and others had parallel systems of law and equity with different procedural rules. Now most states combine law and equity and treat both under "one cause of action." 2) the net value of real property, determined by subtracting the amount of unpaid debts secured by (against) the property from the appraised value of the property. See also: chancery enjoin equitable injunction writ "
Equity (usually given in a percentage) is equal to the property value minus any liens.
The amount of money paid or invested in a property.
The difference between the value of a home and the outstanding loan balance on the home.
The difference between a property's market value and the amount of all liens against the property. Refers to an owner's interest in a property.
The concept that relationships between people should be just and fair.
The difference between the fair market value of a home and the total of mortgage debt owed on the home.
The difference between the market value of the property and the amount still owed on the mortgage or mortgages. This also represents a homeowner's financial interest in a property.
MP] In connection with a home, the value of the home less the balance of outstanding mortgage loans on the home. Errors and Omissions Insurance - Designed to protect professionals from innocent negligent acts.
The difference between the current market value of a property and the claims (liens) that exist against it.
The difference between what is owed and the amount for which the property could be sold.
The difference between the amount owed on the loan and the current purchase price of the home or property.
With regards to property, a borrower's equity is the price the property could be sold for less any amount still owed on the mortgage. As the borrower pays off the loan principal, equity in the property will increase. Rising house values will also increase equity.
Rules supplementary to common law and administered usually in chancery. (Sayles, George O. The King's Parliament of England, 144) The body of rules administered in a court of equity or Chancery, supplementing the common law. (Hogue, Arthur R. Origins of the Common Law, 256) Related terms: Common Law
Difference between your home's current value and how much you owe on your home loan
The amount of loan principal paid, which represents the degree of ownership.
The difference between the current value of a home and the debt against it.
In the real estate world, equity refers to the difference between the market value of your home and what you owe on it. For example, if your home is worth $200,000 and you have an outstanding mortgage of $140,000, your equity is $60,000.
The value of the property actually owned by the property owner. Equity is usually the difference between the purchase price and the amount of the owner's indebtedness on a property.
In an installment sale or loan, the positive difference between the trade-in or market value of your vehicle and the loan payoff amount. When the loan is paid off, the equity is the market value of the vehicle.
Generally, justice or fairness; body of principles that determine what is just or fair. Historically, refers to a system of law developed in England in reaction to the legal inability of common law courts to consider or provide remedy for every injury. The king established a court of chancery to do justice between parties in cases where common law would give inadequate redress.
Equity refers to the net value of a mortgaged property after the outstanding mortgage has been deducted.
Equal opportunity or access to the use of a resource and benefits to be derived from the use of a resource. Often used mistakenly to refer to protecting the vested interest of groups with relative greater economic, social, and political influence. Sometimes confused with the concept of fairness, which refers to the proportional distribution of benefits and costs of resource use.
The value of a property less the amount of the mortgage and/or other claims against the property, if any.
A property's value in excess of the total amount of charges or liens against it. May also derive the interest of preferred and common stockholders in a company.
Net ownership, the difference between fair market value and current indebtedness, sometimes called owner's interest.
the word "equity" has several meanings depending upon the context in which it is used. So far as most people are concerned, equity is the word which is applied to the value of a property after deduction of any outstanding charges or mortgages. To an investor, equity is the amount of capital which he or she has invested in a company or business venture and upon which any interest or dividend will be paid. The final meaning of equity is the most complex. Equity can also be a set of rules applied by the court which ensures that the strict application of the law does not lead to an unjust decision being reached. An example of equity being applied would be where a court prevents someone using the law as a means of cheating someone of something to which they would otherwise be entitled, or where a court prevents a breach of contract from being used to a person's benefit.
The net value of mortgaged property after deducting amount owned to lender.
The value an owner has in real estate over and above the obligation against the property. Equity is fair market value minus the current indebtedness.
The portion of the value of the home owned outright by the owner. Hence, this is the dollar figure, calculated by subtracting any outstanding moneys owed (mortgage balance due) from the present market rate of the home, the homeowner has paid for up until a specified date. So long as mortgage payments continue to be met and the value of the home is maintained, equity, over time, generally grows.
The interest or value that an owner has in real estate over and above any liens against the property.
The net asset value of property.
The interest or value a property owner has in the property over and above any liens against it.
The value of a home above and beyond what is owed to a lender.
The difference between the amount of the mortgage outstanding and the property's current market value.
a quality or state that is fair, impartial, and just. See Equitable, Fairness.
"1. Fairness. 2. That part of the general law which provides remedies not available at common law in many cases ..." Dukelow
Equity is the difference between the value of a piece of property and the amount owed on that property.
The difference between fair market (or appraised) value of a property and outstanding mortgage balances.
The homeowner's interest in a property; the difference between fair market value and the outstanding balance owed on its mortgage.
The ownership in real estate which is greater than the liens against it.
The portion of a property's value over and above the loans (liens) against it (i.e., value of property minus loans against property).
the market value of real estate, ess the amount of outstanding secured loans against it.
Property value in excess of Mortgage and other liens.
The difference between fair market value and current indebtedness (balance due). For example, if a person owes $50,000 on his home and the market value is now $100,000 and he now has 50% equity in his home ($50,000 out of $100,000).
The current appraised value of your home minus the outstanding mortgage balance(s).
The value of a debtor's interest in property that remains after liens and other creditors' interests are considered. (For example: If a house valued at $60,000 is subject to $30,000 mortgage, there is $30,000 of equity.)
The value of one's interest in a property, consisting of its fair market value less any outstanding debt or other encumbrances.
The difference between the current market value of the property and the amount the owner still owes on the mortgage or on any secured loans outstanding on it.
The value of a property or of an interest in it in excess of claims against it.
The difference between the fair market value of a property and the current indebtedness secured on the property.
The difference between the fair market value and current indebtedness, also referred to as the owner's interest. Escrow Refers to a neutral third party who carries out the instructions of both the buyer and seller to handle all the paperwork of settlement or "closing." Escrow may also refer to an account held by the lender into which the homebuyer pays money for tax or insurance payments.(Return to the top of the page.)
The value an owner has in real estate over and above the debt of the property. For example, if a homeowner owns a house valued at $100,000 and has a mortgage balance of $20,000, the homeowner's equity is $80,000 (the value minus the mortgage balance). The homeowner's equity increases or decreases accordingly as the value of the house increases or decreases. The lender's equity is equal to the value of the outstanding loan.
The interest of value that an owner has in property over and above the indebtness.
The sum of money left over when a person sells a property and satisifies all mortgages and liens if any.
An amount of money which is the fair market value less the amount of any liens against the property.
The sum of the market value of your property less the mortgage - if your mortgage is smaller than the market value of your home, the amount is referred to as equity. If larger, the difference is known as negative equity.
A buyer's initial ownership interest in a house or other property that increases as she or he pays off a mortgage loan. When the mortgage is fully paid, the owner has 100 percent equity in the property.
The difference between a home's value and the mortgage amount still owing on it.
The owner’s value or interest in a property.
The difference between the current market value of a property and the total amount of outstanding liens against the property.
The value of the interest of an owner of property less encumbrances on that property.
The actual cash value of property after all claims against the property have been paid.
The state of educational impartiality and fairness in which all children—minorities and nonminorities, males and females, successful students and those who fall behind, students with special needs and students who have been denied access in the past—receive a high-quality education and have equal access to the services they need in order to benefit from that education.
The difference between a property's fair market value and the owner's current indebtedness; also called "the owner's interest."
The difference between the value of a home and what is owed on it.
The "valuation" that you own in your home, i.e. the property value less the mortgage loan outstanding
The dollar amouont which the owner has in real estate over and above the liens against it.
The value of a property over and above any mortgage indebtedness. Eg. ( Your house is worth 80,000 market value and you have a current mortgage balance of 60,000 therefore, your equity would equal 20,000.)
1.Represents stockholders' ownership interests in a corporation. 2. Difference between the securities owned and the margin loans owed in a margin account. It is the amount the investor would keep after all positions have been closed and all margin loans paid off.
Refers to the value a homeowner builds into their property that is above and beyond the outstanding balance on the property.
The homeowner's financial interest in his or her property. It is defined as the difference between the property's fair market value and the amount still owed on the mortgage.
(1) The ownership interest in a business venture; net worth. (2) Securities evidencing ownership: Preferred, common stock. (3) Margin Account: The customers ownership in the account, defined as market value of long positions minus debit balance, or credit balance minus market value of short positions.
the dollar value of what the business owes the owner
The difference between the value of a property and the amount of financing on that property.
The amount of owner's value in a property. For example, if a home is valued at $100,000 and the lender is owed $80,000, the owner has $20,000 equity.
The value of a homeowner's unencumbered interest in their real estate. You can figure equity by subtracting from the property's fair market value the total of the unpaid mortgage balance and any outstanding liens or other debts against the property. Equity can increase in two ways: as the mortgage is paid and as the property appreciates in value. When the mortgage and all other debts against the property are paid in full the homeowner has 100% equity in their property.
The interest one has in real property as an owner above all existing indebtedness.
(1) A legal doctrine based on fairness, rather than strict interpretation of the letter of the law. (2) The market value of real property, less the amount of existing liens. (3) Any ownership investment (stocks, real estate, etc.) as opposed to investing as a lender (bonds, mortgages, etc.).
The difference between the value of the property and the amount owing (if any) on the mortgage.
The difference between the market value of a house and the balance owned on the mortgage, usually referring the owner's interest or value on real estate.
The amount by which the value of the collateral exceeds the debtor's obligation.
The difference between the value of the property and the amount of loan outstanding on it.
The difference between what your house is worth and what you owe on it. For example, if your house is worth $150,000 and you owe $100,000, your equity is $50,000.
The monetary value of a property or business that exceeds the clams and/or liens against it by others.
A homeowner's financial interest in a property. Equity is the difference between the value of the property and the amount still owed on its mortgage and other liens.
The amount of money the owner has invested in the property, the value of the property minus associated debts.
The value of a homeowner's unencumbered interest in real estate. The difference between the amount owed on the mortgage and the market value.
The total value of your property, less the amount of the mortgage. For example, if your house is worth £60,000 and you have a mortgage of £50,000, you have equity of£10,000.
The excess of market value or sales price above the outstanding loan balance plus back payments if any.
The homeowner's ownership interest in real property. Simply put, it is the difference between fair market value and the current amount the owner owes on any loan on the property.
difference between the fair market value of the property and current outstanding balance you owe.
the value remaining in a property after the mortgage and any liens are paid.
This is the difference between the amount you owe on your current mortgage and the current value of your property. This amount can be used in a remortgage to allow money for home improvements, a new car, holiday of a lifetime or reduce your monthly premiums. back to the top
The difference between the market value of a property and the homeowner's outstanding mortgage balance or other claims against the property.
The difference between the amount a property could be sold for and the claims held against it.
This is the difference between what your car is worth and what you still owe on it. You can either have positive equity or negative equity. You never want to trade a car in that has negative equity, meaning you owe more money on the car than what it is actually worth.
A share in the value of a company.
The part of an asset (house) which you own over and above the amount borrowed from the Bank which has a mortgage over the house property.
The amount of cash (including the deposit) the Purchaser puts into the property, i.e, the purchase price less the amount borrowed.
The net value of assets minus liabilities.
A determination of the value of a property after existing liens are deducted.
The remaining interest an owner of real property has. It's total value subtracting all the debt against it.
Another name given to shares. Shareholders are the owners of a company who can vote on important matters such as the appointment of directors and would share in the increased value if the company is successful.
(1) The value less liabilities of a property or business. (2) Remedies under the law to determine fairness, right and justice.
The interest the owner holds in a property over and above all claims to the property. It is usually the difference between any outstanding mortgages and the market value of the property.
The residual dollar value of a futures trading account, assuming it's liquidated at the going market price.
The excess of a property's fair market value over the outstanding debts.
The value of the property, less the amount of unpaid mortgages and any outstanding liens.
1. The standard of fairness applied in the establishment of premiums, dividends, and policy values. The premise is that all insureds with similar characteristics should be categorized under the same underwriting classification, pay the same premium, and receive the same dividends and policy values. 2. Level of ownership interest. 3. Corporate stocks.
The amount of ownership you have in your property - i.e., the difference between what you owe and what it is currently worth.
The interest or value that on owner has in real property over and above the liens against it. A part of our justice system by which courts seek to supplement the strict terms of the law to fairness under the circumstances, rather than on fixed legal priciples or statutes. Ownership in property, determined by calculating the fair market value less the amoutn of liens and encumbrances. Back to the Top
Value of the Asset less any debt will equal equity in the property.
is the owner's interest in a property after any loans have been subtracted from its market value. When the mortgage has been paid off, the equity in the property is 100%.
the financial value an owner has in his property; it is determined by subtracting the fair market value of the property from the amount owed on the mortgage and other liens.
the difference between the property value (fair market value) and current indebtedness; often referring to the owner's interest.
The value of something, such as a house, less money owing on it.
the value of property beyond what may be owing on the property. For example, a house may be worth $250,000 with an outstanding mortgage of $100,000, creating equity of $150,000.
The difference between the fair market value and current indebtedness of a property – also referred to as “owner’s interestâ€.
The difference between the current market value of a property and the principal balance of all outstanding loans.
The portion of a home's total current value that is "owned" by the homeowner. To calculate the amount of equity you have in your home, take the current value and subtract the amount still outstanding on your mortgage loan.
The part of the property that is not mortgaged, that you own outright. For example; a deposit of 15% gives owned equity of 15% in the property.
The difference between the current value of the property and the balance due on your mortgage.
Fairness, natural justice / The application of a standard of what seems just in particular circumstances, as opposed to the strict enforcement of legal rules when that would result in unfairness / A body of principles and rules developed by chancery courts in England to mitigate the rigours of other courts. Since 1875 these principles and rules have been applied in all courts / The value of property in excess of any charges upon it.
When you buy a property the difference between the appraised value and the amount you owe is considered your equity in the home. Your equity will continue to grow as you apply more payments against your loan and your property value increases by appreciation or as you make home improvements or additions.
The value of a business (assets less liabilities, but excluding ordinary share capital) or of a property less the amount of the mortgage. Commonly the name given to shares. Shareholders are the owners of a company who can vote on important matters such as the appointment of directors. They also participate in the increased value of the company, and therefore its shares, if the company is successful.
The difference between the market value of a property and the debt owed against it.
is the difference between the current value of the property and what is owed on it. What is left is the owner's equity.
The difference between what is owed and what the property could be sold for.
The value or interest an owner has in property over and above any indebtedness owed on the property.
The difference between the market value of a property and the home owner's outstanding mortgage balance.
The appraised value of an owner's property, less the amount of existing loans and liens on that property.
The difference between the amount of money secured on a property in the way of a mortgage, and the current value of that property.
The difference between the appraised value of a property and the debt that is owing against it.
Value of property that exceeds any claim or lien on it.
In terms of real property, equity is the difference between the outstanding balance on all the loans secured by the property and the property's fair market value.
Equity is the application of the principles of natural justice to settle disputes. Natural justice involves a fair, impartial and just outcome to a situation. Equity is used to remedy the limitations and the inflexibility of the law.
The value of your property minus the debt owed for it.
The difference between the market value of a property and the owner's outstanding home loan balance.
Equity is a homeowner's financial interest in a property. It's calculated by taking the difference between the fair market value of the property and the amount still owed on its mortgage.
The value of a homeowner's unencumbered interest in real estate. Equity is the difference between the home's fair market value and the unpaid balance of the mortgage and any outstanding liens. Equity increases as the mortgage is paid down or as the property enjoys appreciation. Back
The difference between the value of your property and the amount that you owe on your mortgage. If, for example, your property is worth £40,000 and you owe £25,000 on your mortgage then the equity is £15,000. However, should the value of your property fall below £25,000 then the figure is known as "Negative Equity".
Equity refers to the fair distribution of the costs and benefits of human activity between people. Its two components are intergenerational equity and current equity between people or groups of people.
The difference between how much a property is worth and how much is owed on the property.
(1) A branch of law designed to correct the injustice sometimes inflicted by common law. (2) The actual value of a piece of property less the amount of any encumbrances on it.
The difference between the value of an asset and the total amount of borrowings secured against it
The difference between how much a consumer paid for a house and how much the house could sell for.
The net value of an assert. In the case of real estate, it would be the difference between the present value of the property and the mortgage amount of the property
The fair market value of a home minus any loans against it equals the amount of equity in a home.
Value that you build up over the original cost of your home.
This is the amount of the property that you actually own i.e. the current value of the property less any outstanding mortgage repayments.
Equity = Property Value - Loans/Liens Against the property. Equity is typically expressed as a percentage of the property value.
The value of a hand or combination of cards.
A homeowner's financial interest in a property. Equity is the difference between the fair market value of the property and the amount still owed on any home loans or liens against the property.
The difference between the fair market value (appraised value) and current indebtedness.
The financial interest held by the owner in a property, determined by subtracting the amount of outstanding mortgage debt from the market value of the property, with the difference representing the amount of equity held.
the property value less any liens will give you the home owners equity. In other words, equity can be described as how much of the property (in financial terms) the owner actually owns.
The fair distribution of the costs and benefits of human activity between people. Its two components are inter-generational equity and current equity among people or groups of people.
see “Common Stock”; also, in a margin account, the excess market value of securities over debit balance
the monetary value of a property after any claims, such as a mortgage, are taken away.
The difference between the current market value of a property and the total debt obligations against the property. On a new mortgage loan, the down payment represents the equity in the property.
When the value of the car is less than what is owed on the car loan.
The difference between the fair market value (appraised value) of your home and your outstanding mortgage balance. First Mortgage: A mortgage which is in first lien position, taking priority over all other liens (which are financial encumbrances).
The difference between the sale price of a property and the mortgage balance owed on the property.
The bit of your house that you own. It is the difference between the market value of the property and the amount you still owe to your lender.
The value of a business to its owner, defined as assets less liabilities. Also, the value of an asset reduced by the debt associated with it.
The amount of the property you own i.e. the property value less the mortgage.
means fairness. Equity in health means that needs guides the distribution of opportunities and resources for wellbeing.
The value of property to its owner after all liens and encumbrances are satisfied and the costs of sale paid.
The interest or value that an owner has in the property over any debt.
When used in the context of a corporation, it refers to the ownership interest of common and preferred shareholders in a corporation. When used in the context of a brokerage account, it refers to the market value of securities (long market value minus short market value) minus any debit balance and plus any credit balance. See the explanation of margin for more complete information on using margin leverage in your investing.
Principles that ensure fairness to people with impairments in providing the opportunity for them to participate in and successfully complete studies in tertiary education.
The interest or value which the owner of a piece of real estate has over and above the value of all the liens on that property.
legal remedies based on a system of fairness and natural right, rather than statutes
A homeowner's financial interest in a property over and above the liens against it. Equity is the difference between the appraised value of the property and the principal balance still due on the mortgage.
The value of a home after the outstanding balance of any loans is subtracted. For example, if a 5% down payment is made at the time of purchase, the homeowner has 5% of the price of the home in equity. As payments toward principal are made over time, the homeowner's equity grows.
the difference between how much your property is worth the balance of your outstanding mortgage and any other debts secured on the property.
Shareholder equity is the value of shares held. A house owner's equity is the value of the house minus any unpaid home-purchase loan. Negative equity occurs when the house is worth less than the debt on it.
Value or interest an owner of realty has above ay debt on property; difference between value and mortgage debt.
the difference between the current indebtedness on the property and the fair market value of the property.
the ownership interest in a business. Equity is made up of investments by owners (members) and the cumulative profit of the business. Equity is most easily calculated by subtracting all liabilities (amounts owed) from all assets (amounts and property owned).
a) a synonym for a share (as distinct from fixed interest) investment; b) The interest or value which an owner has in an asset over and above the debt against it.
In the context of ‘equity in a home', the value of the home less the amount of any mortgage liability.
Equity is the difference between the value of a product (for example a house) and the amount that is owed on it.
The difference between a home's market value and the amount the owner owes on the mortgage. Equity is the amount of money you'd have if you sold your home today and paid off your mortgage – it includes your down payment, all the payments you've made against the loan's principal and any appreciation in your home's value. As the market value of your home increases, so does your equity. Similarly, if your home's value decreases, your equity does too. One of the main advantages of owning a home is that you can tap into the equity to use for other investments, such as a down payment on another home, college tuition or mutual funds.
The positive difference between the trade-in or market value of a vehicle and the loan payoff amount, in an installment sale of loan. The equity is the market value of the vehicle when the loan is paid off.
The difference between the amount(s) you owe on your current mortgage and the present value of your home.
The value of property in an organization greater than total debt held on it. Equity investments typically take the form of an owner's share in the business, and often, a share in the return, or profits. Equity investments carry greater risk than debt, but the potential for greater return should balance the risk.
The difference between the fair market value (appraised value) and the outstanding mortgage balance on your home.
The value of the property that is owned beyond any lien or liability against it.
The difference between the fair market value (appraised value) of the home and the outstanding mortgage balance.
The difference between the current market value of a property and the unpaid portion of a mortgage.
The difference in value in which the owner has in real estate over and above the mortgage amount.
This is the dollar amount of your home that you really own. You can calculate equity by taking the market value of your home and subtracting out all of the debt that is secured on your home. For example, your house is worth $150,000; you owe $44,000 on a first mortgage; you owe $10,000 on a home equity line of credit and you have a $500 tax lien. $150,000 - (44,000 + 10,000 + 500) = $150,000 - $54,500 = $95,500 = home equity.
The value of an owner's interest in his property. Equity is the difference between the property's fair market value the total of the unpaid mortgage balance and any outstanding liens or other debts against the property.
An ownership interest such as that held by shareholders in a corporation. Equity also represents the difference between the market value of real estate and the outstanding balance on the loan(s) secured by that property.
A homeowner's financial interest in a property, or the amount of the home you actually own. Equity is the difference between the fair market value of a property and the amount still owed on the mortgage.
In real estate, ownership interest in a property. On a new mortgage loan, the borrower's down payment represents his equity in the property.
A homeowner's personal financial interest in a property. It's the difference between the current market value of a property and the remaining balance of a mortgage and other liens.
The value remaining on a property after all sums relating to the mortgage have been deducted
The portion of a property you own outright. If, for example, you put 20 percent down on a house, you have 20 percent equity in your property. Over time, you earn more equity as you pay off the mortgage.
The market value of a home minus what the homeowner owes on it. Homeowners sometimes borrow against their equity, taking out a home equity loan (also called a second mortgage), with tax-deductible interest, to pay for whatever they choose.
The market value of a property minus the total amount of any existing liens.
The percentage of property value held by the owner; the difference between the current market value of a property and the outstanding mortgage balance.
the value of a home and property over what is owed on the mortgage
The difference between the market value of the property and the homeowner's mortgage debt.
The residual dollar value of a futures or options account if it were liquidated at current prices.
The net value of a property, calculated by subtracting all loans or other charges against the property from its total value. Hide Definition
The positive difference between the value of your property and the amount of any outstanding loans secured against it.
The owner's financial interest in a piece of property; that is, the fair market value minus loans and/or liens.
The value of a person's interest in real property after all liens and charges have been deducted.
The surplus monetary value of a property after the original mortgage amount and principal paid has been deducted.
In real estate, equity is the difference between fair market value and current indebtedness, usually referring to the owner's interest.
Equity is the concern for fairness, i.e., that assessments are free from bias or favoritism. An assessment that is fair enables all children to show what they can do. At minimum, all assessments should be reviewed for (a) stereotypes, (b) situations that may favor one culture over another, (c) excessive language demands that prevent some students from showing their knowledge, and (d) the assessment's potential to include students with disabilities or limited English proficiency.
The money value of an insurance company that is over and above its liabilities. Liabilities include almost all of its reserves.
The market value of securities plus any credit balance minus any debit balance.
The difference between the fair market value (appraised value) of the borrower's home and the debts claimed against it. When the mortgage and all other debts against the property are paid in full, the owner has 100% equity in the property.
The difference in dollars between a house's value and the mortgage amount
The amount the owner of a property is not obligated to a lender.
The difference between the current value of the property and the amount of outstanding debt secured by the property.
The difference between a property’s current market value and the sum of all claims against it.
The homeowners financial interest held in the property less the indebtedness held against the property.
The value of an asset over and above any encumbrances.
As used on a trading account statement, refers to the residual dollar value of a futures or option trading account, assuming it was liquidated at current prices.
The financial interest of property valued at market price minus the amount owed on outstanding mortgages. The equity of a home is usually spoken of as a percentage or dollar amount of the fair-market value.
The residual value of a property beyond mortgage or liability.
The difference between the market value of the property and any loans that are outstanding on the property.
The value of a property after existing liens (mortgages, etc.) are deducted.
an owner's financial interest in a property; calculated by subtracting the amount still owed on the mortgage loon(s)from the fair market value of the property.
The value of ones interests in the property usually calculated by deducting from the value of the property the debts secured against the property.
A property's value minus any amount still owed on it.
The fairness of the distribution of well-being among the various buyers and sellers. The property of distributing economic prosperity fairly among the members of society. In a financial content, equity generally refers to a stake, share, or portion of ownership.
The market value of a property less any debt against it
The residual dollar value of a futures, option, or leverage trading account, assuming it was liquidated at current prices.
The owner's financial interest in a property, over and above any indebtedness for that property; or the difference between the fair market value of the property, and the amount still owed on its mortgage
When used in conjunction with real estate, the term "equity" refers to the difference in the value of item or property and the amount owing on that item or property. When used in the context of investments the term "equity" most often simply refers to a share or share in a company.
The perceived fairness of the relation between what a person does (inputs) and what the person receives (outcomes).
An owner's financial position in a property. Equity is the difference between the property's value and the amount that is owed on mortgages.
The value of a business after all debts and other claims are settled. Also the amount of cash a business owner invests in a business and/or the difference between the price for which a property could be sold and the total debts registered against it.
The value of a futures trading account if all open positions were offset at the current market price.
A state of educational fairness, justice, and impartiality in which all children receive a high-quality education and have equal access to services. Equity implies a state of sameness and uniformity of opportunity. Of special consideration are those students who have been denied access in the past, including minorities, female students, and students with special needs. ( learn more)
The interest an owner of real property has in its total assets after allowing for encumbrances and creditors' claims.
The value of an asset (e.g. a property) less any money owing on it (e.g. loans/mortgages).
In mortgaging, the difference between lending value and indebtedness. As of !-- document.write(day + ', ' + date + ' ' + months[month] + ' ' + year); //-- Term 6 m. 1 yr. 2 yr. 3 yr. 4 yr. 5 yr. 7 yr. 10 yr. Var. rate Rate % 5.75 4.99 4.99 5.05 5.05 5.04 5.30 5.50 5.05 O.A.C. Some conditions may apply. Subject to change without notice.
See on: Investopedia Stock or any other security representing an ownership interest. On the balance sheet, the amount of the funds contributed by the owners (the stockholders) plus the retained earnings (or losses). Also referred to as "shareholder's equity". In the context of margin trading, the value of securities in a margin account minus what has been borrowed from the brokerage. In the context of real estate, the difference between the current market value of the property and the amount the owner still owes on the mortgage. Thus, it is the amount, if any, the owner would receive after selling a property and paying off the mortgage.
In real estate, the interest or value of the real estate over and above the amount of the indebtedness thereon.
A word meaning fairness or even handedness. Equity began as an English system of justice in which a judge of the High Court of Chancery turned to principles of natural justice to supplement the law. Today, equity denotes rights, remedies and common law principles recognized by a court in equity. The Iowa Code designates a number of civil actions as equitable, including, but not limited to dissolutions, probate matters, and foreclosures.
The difference between current fair market value and any financial obligations an owner has for a real estate property. Often known as Owner Interest.
How much a homeowner has invested in a property. Equity is the difference between what the homeowner owes and how much the home is worth.
The difference between the value of a property and the total of any outstanding mortgages or loans against it.
Your ownership interest or that portion of the value of the property that exceeds the current amount of your home loan. For example, if the property is worth $100,000 and the loan is for $75,000, then you have $25,000, or 25%, equity in your home.
Equity is the name given to the set of legal principles, in countries following the English common law tradition (see English law), which supplement strict rules of law where their application would operate harshly, so as to achieve what is sometimes referred to as "natural justice." It is often confusingly contrasted with "law," which in this context refers to "statutory law" (the laws enacted by Parliament), and "common law" (the principles established by judges when they decide cases).
Equity is the concept of idea of fairness or justice in economics, particularly in terms of taxation and welfare economics. It has been studied in experimental economics as inequity aversion.