Ask your own question, for FREE!
Finance 15 Online
OpenStudy (anonymous):

What is literal meaning of Equity in terms of Money (in Balance Sheet) and not in terms of Shares or any other financial context ?

OpenStudy (amistre64):

Equity equals the stuff you get to keep when you are debt-free. Equity = Assets - Liabilities Equity is: (what you have) minus (what it takes to pay off what you owe). That is the best I can interpret your question ..

OpenStudy (anonymous):

What belongs to shareholders.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!