![]() To satisfy this requirement, all events that affect total assets and total liabilities unequally must eventually be reported as changes in equity. Businesses summarize their equity in a financial statement known as the balance sheet or statement of net position which shows the total assets, the specific equity balances, and the total liabilities and equity or deficit. |
![]() In classrooms, it's' important to establish equity as any hint of unfairness turns everyone against the teacher. In finance, equity refers to the value of a business or piece of property after subtracting the amount of the mortgage. Also in finance, equities are stocks, in contrast to bonds. |
![]() Canadian Actors Equity Association, an association in Canada. Forum Party of Alberta, a defunct political party from Alberta, Canada also known as the Equity Party. Equity British trade union formerly British Actors Equity Association, an association in the United Kingdom. |