Equity: Canada Debt .ca defines Equity

Bankruptcy Term Equity

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Canada Debt has the definition to the bankruptcy and debt term Equity. Finding answers to terms such as Equity can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Equity in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Equity' is used as follows:

This refers to the excess that the value of a piece of property has over any charges or encumbrances against that piece of property.