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Equity: Difference between revisions
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*'''The law of equity''': that great system of jurisprudence developed by the [[courts of chancery]] designed to make sure the right guy wins, even if the unforgiving laws of {{tag|contract}} say he’s four goals down in injury time and the oppo have just egregiously fouled his keeper. | *'''[[Courts of chancery|The law of equity]]''': that great system of jurisprudence developed by the [[courts of chancery]] designed to make sure the right guy wins, even if the unforgiving laws of {{tag|contract}} say he’s four goals down in injury time and the oppo have just egregiously fouled his keeper. | ||
*'''[[Equities]]''', also known as [[Share|shares]] or [[Stock|stocks]], are [[securities]] representing ownership interests in a company which rank below debt obligations in an insolvency, but give their holder entitlement to a share of the residual profits of the company in happier times. | *'''[[Equities]]''', also known as [[Share|shares]] or [[Stock|stocks]], are [[securities]] representing ownership interests in a company which rank below debt obligations in an insolvency, but give their holder entitlement to a share of the residual profits of the company in happier times. | ||