Other Free Encyclopedias » 21st Century Webster's Family Encyclopedia » 21st Century Webster's Family Encyclopedia - Eilat to ERA

Equity

law rules

Equity, in law, group of rules and principles arising in the English Chancery Court to compensate for the rigidity of common law. Equity generally referred to that which was considered morally right as opposed to that which is stated in the laws and statutes. Courts of equity originated in the 17th century, but soon developed their own body of rules.

ERA [next] [back] Equinox

User Comments

Your email address will be altered so spam harvesting bots can't read it easily.
Hide my email completely instead?

Cancel or