Equity in a Sentence  πŸ”Š

Definition of Equity

the calculated worth of a property after the money owed has been deducted

Examples of Equity in a sentence

We do not have enough equity in our home to use it as collateral for a loan.  πŸ”Š

With this final payment, we own one hundred percent of the equity in our cabin.  πŸ”Š

In accounting, the owner’s equity is equal to the value of the assets once the liabilities have been subtracted.  πŸ”Š

Since the crash of the housing bubble, the equity in our condominium has decreased by twelve percent.  πŸ”Š

As the value of our land increases so does our equity.  πŸ”Š

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