- the quality of being impartial or reasonable; fairness
- an impartial or fair act, decision, etc
- the interest of ordinary shareholders in a company
- the market value of a debtor's property in excess of all debts to which it is liable
- the monetary value of a property or business beyond any amounts owed on it in mortgages, claims, liens,
When I saw this word it jumped out at me today. Equity.. I reminded me of the old saying "One man's trash is another mans treasure." Equity can and does come in many forms, sweat, monetary, physical, mental emotional to name just a few.
When is the last time that YOU looked at something you once valued and gave it a second glance. I know that I forgot the principle that with time items can either appreciate or depreciate. Appreciation giving an item more equity and value... Our home has lost all its equity per the bank, but in my mind it still holds emotional equity, value.
My marriage from the outside is BANKRUPT and has no equity to most who look at it. But I know that people have had bonds that they were told were not worth the paper it was written on, to throw it away and cut their losses only years later to find that they ignored that advise only to find a WINDFALL in the change of the market. The equity far exceeded their expectations and provided them with far more then they ever expected or hoped for... (thanks SFM) I believe that the equity of my marriage is POSITIVE. I believe that the market value will be beyond any and all liens that are currently against us...
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