Noun

(en-noun)

(Marxism) The intermediate phase of social development between capitalism and full communism in Marxist theory in which the state has control of the means of production.

Any of several later political philosophies such as libertarian socialism, democratic socialism and social democracy which do not envisage the need for full state ownership of the means of production nor transition to full communism, and which are typically are based on principles of community decision making, social equality and the avoidance of economic and social exclusion, with economic policy should giving first preference to community goals over individual ones.

* 1978 , , The Cultural Contradictions of Capitalism , Basic Books, page xii:

For me, socialism is not statism, or the collective ownership of the means of production. It is a judgment on the priorities of economic policy.. the community takes precedence over the individual in legitimate economic policy. The first lien on the resources of a society therefore should be to establish that "social minimum" which would allow individuals to lead a life of self-respect, to be members of the community.

Noun

value of some business.

* {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=70, magazine=(The Economist)

, title= Engineers of a different kind , passage=Private-equity nabobs bristle at being dubbed mere financiers. Piling debt onto companies’ balance-sheets is only a small part of what leveraged buy-outs are about, they insist. Improving the workings of the businesses they take over is just as core to their calling, if not more so. Much of their pleading is public-relations bluster.}}

(legal) A legal that deals with remedies other than (l) relief, such as injunctions, divorces and similar actions.

* Macaulay

Equity had been gradually shaping itself into a refined science which no human faculties could master without long and intense application.

(legal) of property minus liens or other (l).

(legal) An equitable claim; an equity of redemption.

an equity''' to a settlement, or wife's '''equity , etc.

* Kent

I consider the wife's equity to be too well settled to be shaken.

(accounting) Ownership interest in a company as determined by subtracting liabilities from (l).

Justice, impartiality or fairness.

* Tillotson

Christianity secures both the private interests of men and the public peace, enforcing all justice and equity .