Law of equity

The Jolly Contrarian’s Glossary The snippy guide to financial services lingo.™ Go Premium Index — Click the ᐅ to expand: Glossary Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

Nowadays taking bodily form in the shape of the Chancery Division of the High Court of Justice of England and Wales, the courts of chancery were the originators of the principles of equity, that great rug of English jurisprudence under which, for hundreds of years, jurists have swept the vicissitudes of a rigid, or stupid, application of the law of contract.

See also

• Equitable remedies
• High Court of Justice
• Queen’s Bench Division
• Time is of the essence
• Clog on the equity of redemption