"Equity" in a home you own in the difference between what you owe and how much you could sell it for. It is how much money you would get after you sold it and paid off the remaining debt.
2006-07-15 01:14:08
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answer #1
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answered by therego2 5
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It is the value above what you paid for or owe on an item. For instance if you have a house and you owe $90,000 dollars on it, but it is worth $105,000 then you have equity of $15,000. If you bought 10 stocks at $25 a share, and the stock goes up to $30 a share you have equity of $5 per share which is a total equity of $50. These are both examples of positive equity
Now on the other hand, if you owe $105,000 on your house but it is only worth $90,000 then you have a negative equity $15,000.
2006-07-15 01:21:12
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answer #2
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answered by Billy 4
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Simply put, equity means the portion that you own. If you have a $200,000 house and a $150,000 mortgage, your equity in that house is the $50,000 difference.
2006-07-15 04:32:39
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answer #3
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answered by msoexpert 6
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there ar many types of shares one of them is equity
if you choose equity shares you'll get maximum dividend during maximum profit & sometimes no dividend when there's severe loss for the company
the rate of dividend is fluctuating, & you get voting rights , and other powers being an equity shareholder
2006-07-15 01:19:19
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answer #4
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answered by Truly Madly Deeply 5
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equity = share
2006-07-15 03:55:04
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answer #5
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answered by Anonymous
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The value of something above claims of ownership by someone else.
2006-07-15 01:14:33
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answer #6
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answered by Michael Myklin 3
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it means stock, your share of stock.
2006-07-15 01:13:25
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answer #7
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answered by LetMEtell&AskYOU 5
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