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What (who) is owners' equity - definition
TOTAL ASSETS MINUS TOTAL OUTSIDE LIABILITIES OF AN INDIVIDUAL OR A COMPANY
Net wealth; Net assets; Net Worth; Net-worth; Networth; Owners' equity
Net worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities.System of National Accounts 2008, published by the European Commission, the International Monetary Fund, the Organisation for Economic Co-operation and Development, the United Nations, and the World Bank, p.
Social equity
CONCEPT THAT APPLIES CONCERNS OF JUSTICE AND FAIRNESS TO SOCIAL POLICY
Social Equity; Racial equity; Racial equity in public administration
Social equity is concerned with justice and fairness of social policy. Since the 1960s, the concept of social equity has been used in a variety of institutional contexts, including education and public administration.
Equity (law)
![The [[Court of Chancery]], [[London]], in the early 19th century](https://commons.wikimedia.org/wiki/Special:FilePath/Court of Chancery edited.jpg?width=200 "The [[Court of Chancery]], [[London]], in the early 19th century")
SET OF LEGAL PRINCIPLES SUPPLEMENTING BUT DISTINCT FROM THE COMMON LAW
Equitable jurisdiction; Doctrines of equity; Bill of equity; Equity law; Equitable power; Bill in equity; Equity in law and ethics; Equitable principles; Equity (legal concept); Comparison of equity traditions in common law countries; Law of equity; Suit in equity
Equity is a particular body of law that was developed in the English Court of Chancery. Its general purpose is to provide a remedy for situations where the law is not flexible enough for the usual court system to deliver a fair resolution to a case.
Wikipedia
Net worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Financial assets minus outstanding liabilities equal net financial assets, so net worth can be expressed as the sum of non-financial assets and net financial assets. This concept can apply to companies, individuals, governments, or economic sectors such as the financial corporations sector, or even entire countries.
Examples of use of owners' equity
1. According to the Supervisor of Banks‘ rules, Israeli banks are limited to 20 percent of owners‘ equity for non–financial investments.