Word of the Day | Equity
Word of the Day | Equity
In simple terms, equity refers to fairness or equality.
In the context of finance or business, equity typically means the ownership or share of value that an individual or company holds in something, like a business or property. It represents the portion or stake that someone has in an asset after subtracting any debts or liabilities.
So, equity can be seen as a measure of ownership or the value that belongs to someone or a group in relation to a particular asset or investment.
https://www.dbm.academy/faq for more blockchain vocabulary.