What Is Equity And Types Of Equity
April 21, 2022 ⚊ 1 Min read ⚊ Views 169 ⚊ BUSINESS
The value of an asset after deducting the value of any liabilities attached to the
asset is referred to as equity. Equity is a term that is commonly used to represent
the value of a home and to assist in the purchase of a new one. It will be
considered when taking out loans or paying off huge debts. At the business level,
equity can refer to the worth of a corporation’s stock, and it can be used to
determine the ability of a company’s owner or shareholders to continue paying
the company’s operations in the future.
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