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Meaning of equity



 
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Meaning of equity #1 (permalink) Mon Oct 16, 2006 21:46 pm   Meaning of equity
 

English Language Proficiency Tests, Advanced Level

ESL/EFL Test #89 "Verbal Learning", question 5

Despite all the chaos around him the captain remained totally calm and assumed an air of ..........

(a) equation
(b) equality
(c) equanimity
(d) equity

English Language Proficiency Tests, Advanced Level

ESL/EFL Test #89 "Verbal Learning", answer 5

Despite all the chaos around him the captain remained totally calm and assumed an air of equanimity.

Correct answer: (c) equanimity
_________________________

what does equity mean?

ofelia
ofelia
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Meaning of equity #2 (permalink) Mon Oct 16, 2006 22:15 pm   Meaning of equity
 

Equity is a state of justice. Ordinary shares (in a company) are equities, too.

In equity is to be fair.
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Equity #3 (permalink) Mon Oct 16, 2006 22:20 pm   Equity
 

As you know, equity is not the correct answer here, and equity has several different meanings. One of the meanings is ''freedom from bias or favoritism'', which is similar to 'equality' and 'fairness'.
Check your dictionary for the other meanings of equity.
Equanimity is the only correct answer here.
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