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Equity Defined (Immigration & Legal Terms)
This is a glossary of legal & immigration related terms provided by Crossings Immigration Lawyers for convenience purposes only. Nothing in this glossary or on this site should be taken as legal advice. You should contact us directly for a free consultation with an immigration lawyer.
Equity
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 $60,000 is subject to a $30,000 mortgage, there is $30,000 of equity.)
Synonyms for Equity:
There are currently no synonyms for Equity in our database. If you would like to suggest some, let us know.
See Also These Terms for "Equity":
There are currently no "see also" terms for Equity in our database. If you would like to suggest some, let us know.
Whereever possible, the definitions provided on this page for Equity are gleened from governmental sources with little modifications. In so doing, we hope to ensure the accuracy of the definition of Equity; however, if you find errors, omissions, or would like to suggest changes to this information, please send an email to Crossings Immigration Law Webmaster. Thank you.
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