Math Definitions - Letter E
Chapters
Equity
Definition of Equity
Equity is the amount of a house or other property that you own.
For example, if your house is worth \(\$1,000,000\) and you owe \(\$350,000\) to the bank, then your equity in the house is \(\$650,000\).
If you and your friend own half of a toy shop each, you each have a \(50\%\) equity in the toy shop.
Description
The aim of this dictionary is to provide definitions to common mathematical terms. Students learn a new math skill every week at school, sometimes just before they start a new skill, if they want to look at what a specific term means, this is where this dictionary will become handy and a go-to guide for a student.
Audience
Year 1 to Year 12 students
Learning Objectives
Learn common math terms starting with letter E
Author: Subject Coach
Added on: 6th Feb 2018
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