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equity |
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equity, n a free and reasonable claim or right; fairness; impartiality. The money value of a property or of an interest in a property in excess of claims or liens against it; a risk interest or ownership right in property. equity 1. a justifiable share; one likely to be recognized as a fair share in an equity court. 2. total assets less total liabilities. equity capital the value of the capital involved in the enterprise. Includes assets less liabilities, expressed as a fixed sum. percentage equity absolute equity expressed as a proportion of the total worth of the enterprise. |
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Equities were the largest investment in the aggregate portfolio of state and local pension plans in 1999 and represented 67 percent of the $3 trillion in aggregate state and local pension assets. Private equity investors tend to be value-added investors, sometimes in sharp contrast to the peripatetic traders and "gunslinger" money managers who own vast amounts of public equities. A non-diversified, actively-managed closed-end investment company investing primarily in equities. |
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equities
