- Possessing or exhibiting equity; according to natural
right or natural justice; marked by a due consideration for what is
fair, unbiased, or impartial; just; as an equitable decision; an
equitable distribution of an estate; equitable men. - That can be sustained or made available or effective in
a court of equity, or upon principles of equity jurisprudence; as, an
equitable estate; equitable assets, assignment, mortgage, etc.
Meaning of 'equitable' (Princeton's WordNet)
1 . equitable
[ a]
Meaning (1): - fair to all parties as dictated by reason and conscience
Example in sentence:
an equitable distribution of gifts among the children;
Equitable tax Equitable tax refers to a type of tax that imposes the same total tax burden on all taxpayers who are similarly situated and located in the same tax jurisdiction.
Equitable mortgage Equitable mortgage is a type of mortgage under which one still owns the property which is security for the mortgage. The owner can occupy or live