MLchartDataset catalogue

equity

Term · Law · MLC-T-LAW-000095

The value of a debtor's interest in property that remains after liens and other creditors' interests are considered. (Example: If a house valued at $100,000 is subject to a $80,000 mortgage, there is $20,000 of equity.)

Table 1. Record
IdentifierMLC-T-LAW-000095
FieldLaw
ReferencesU.S. Courts Glossary of Legal Terms
Record as JSON 
{
  "id": "MLC-T-LAW-000095",
  "term": "equity",
  "field": "Law",
  "definition": "The value of a debtor's interest in property that remains after liens and other creditors' interests are considered. (Example: If a house valued at $100,000 is subject to a $80,000 mortgage, there is $20,000 of equity.)",
  "references": [
    "U.S. Courts Glossary of Legal Terms"
  ],
  "url": "https://mlchart.com/terminology/law/equity/"
}

Record 95 of 241 in Law terminology (MLC-0107). Request the full dataset.