Saved Bookmarks
| 1. |
What is Equity? |
|
Answer» Equity: Th quality of being fair or Impartial, fairness. Equity is the ownership of any asset after any liabilities associated with the asset are cleared. For example, if you own a car worth $25,000, but you owe $10,000 on that vehicle, the car represents $15,000 equity.
|
|