Wayne.B wrote:
On Mon, 10 Dec 2007 14:45:41 -0500, HK wrote:

You think "the average" salary is equity?

You don't know what equity is, either.

Those are interesting questions. PATCO was trying to achieve equity
with what exactly?

They certainly got poor advice from someone regarding public relations
and political influence.



Look up the meaning of equity. No, nevermind, you use a crap dictionary.

He

("EkwItI) Forms: 4–6 equite, -yte, (4 equitee, -ytee, -ytie, 5 eqwyte),
4–7 equitie, (6 æquitie, -ity), 6 equity. [a. OF. equité = Pr. equitat,
Sp. equidad, It. equità, ad. L. æquitQt-em, f. æquus even, fair.]
I. In general.

1. The quality of being equal or fair; fairness, impartiality;
evenhanded dealing.
The L. æquitas was somewhat influenced in meaning by being adopted
as the ordinary rendering of Gr. Žpie¬jeia (see epiky), which meant
reasonableness and moderation in the exercise of one's rights, and the
disposition to avoid insisting on them too rigorously. An approach to
this sense is found in many of the earlier Eng. examples.
c1315 Shoreham 154 Thet hys hys pryvete Of hys domes in equyte.
1382 Wyclif Mal. ii. 6 In equitee he walkide with me. c1425 Wyntoun
Cron. vii. x. 491 Be justys he gave and eqwyte Til ilke man, þat his
suld be. 1477 Earl Rivers (Caxton) Dictes 6a, He [God] shal juge you in
equite. 1535 Coverdale Job xxix. 14 Equity was my crowne. 1588 J.
Udall Diotrephes (Arb.) 19 Weigh it in the ballance of equitie. 1611
Bible Transl. Pref. 10 They can with no show of equity challenge vs for
changing and correcting. 1660 Jer. Taylor Duct. Dubit. iii. vi. §i. 399
Not to punish any man more than the law compels us; that's equity. 1673
Rules of Civility (ed. 2) 141 The person of honour is in equity to go in
first. 1759 Robertson Hist. Scot. II. viii. 32 These princes readily
acknowledged the equity of his claim. a1832 Mackintosh Revol. Wks. 1846
II. 158 Those principles of equity and policy on which religious liberty
is founded. 1870 Lowell Among my Bks. Ser. i. (1873) 257 There is a
singular equity and absence of party passion.

2. concr. What is fair and right; something that is fair and right.
rarely in pl.
c1374 Chaucer Boeth. iv. vi. 144 Amonges þise þinges sitteþ þe heye
makere+to don equite. 1377 Langl. P. Pl. B. xix. 305 He dede equite to
alle euene forth his powere. 1483 Caxton Cato Aviij, That he may do
equyte and justyce. 1875 Manning Mission H. Ghost x. 267 The equities
which we owe to our neighbour.

II. In Jurisprudence.

3. The recourse to general principles of justice (the naturalis
æquitas of Roman jurists) to correct or supplement the provisions of the
law. equity of a statute: the construction of a statute according to its
reason and spirit, so as to make it apply to cases for which it does not
expressly provide.
1574 tr. Littleton's Tenures 6a, They bee taken by the equitie of
the statute. 1642 Perkins Prof. Bk. iv. §270. 120 Such Assetts are not
taken by the equitie of the Statute of Gloucester. 1858 Ld. St.
Leonards Handy Bk. Prop. Law ii. 3 Chancellors+moderated the rigour of
the law according+to equity.



4. a. In England (hence in Ireland and the United States), the
distinctive name of a system of law existing side by side with the
common and statute law (together called ‘law’ in a narrower sense), and
superseding these, when they conflict with it.
The original notion was that of sense 3, a decision ‘in equity’
being understood to be one given in accordance with natural justice, in
a case for which the law did not provide adequate remedy, or in which
its operation would have been unfair. These decisions, however, were
taken as precedents, and thus ‘equity’ early became an organized system
of rules, not less definite and rigid than those of ‘law’; though the
older notion long continued to survive in the language of legal writers,
and to some extent to influence the practice of equity judges. In
England, equity was formerly administered by a special class of
tribunals, of which the Court of Chancery was chief; but since 1873 all
the branches of the High Court administer both ‘law’ and ‘equity’, it
being provided that where the two differ, the rules of equity are to be
followed. Nevertheless, the class of cases formerly dealt with by the
Court of Chancery are still reserved to the Chancery Division of the
High Court.
1591 Lambarde Arch (1635) 46 And likewise in his Court of Equitie he
doth+cancell and shut up the rigour of the generall Law. Ibid. 58 The
Iustices should informe him [the King] of the Law, and the Chancellor of
Equitie. 1745 De Foe's Eng. Tradesman II. xxxix. 116 He will always
have the worst of it in equity, whatever he may have at common law.
1765–9 Blackstone Comm. (J.), In the court of Chancery, there are two
distinct tribunals; the one ordinary, being a court of common law; the
other extra~ordinary, being a court of equity. 1832 Austin Jurispr.
(1879) I. 40 Equity sometimes signifies a species of law. 1853 Wharton
Pa. Digest 708 Equity will grant relief when+a contract is made under a
mistake. 1858 Ld. St. Leonards Handy Bk. Prop. Law ii. 3 There are
settled and inviolable rules of equity, which require to be moderated by
the rules of good conscience.


b. Defined so as to include other systems analogous to this; e.g.
the prætorium jus of the Romans.
1861 Maine Anc. Law ii. (1870) 28 What I call equity+any body of
rules existing by the side of the original civil law, founded on
distinct principles and claiming incidentally to supersede the civil law
in virtue of a superior sanctity inherent in those principles.

5. a. An equitable right, i.e. one recognizable by a court of
equity. Often in pl.
a1626 Bacon Max. & Uses Com. Law 65 Upon which agreement in Writing,
there ariseth an Equitie or Honestie, that the land should goe according
to those agreements. 1826–30 Kent Comm. II. 118 The wife's equity to a
suitable provision for the maintenance of herself and her children.
1844 Williams Real Prop. (ed. 12) 177 Incidental equities are also to be
recognized by the courts respectively and every judge thereof. 1883 Sir
E. E. Kay in Law Times Rep. XLIX. 77/2 It was hardly said that he was
entitled to any charge, or lien, or equity on this particular fund.


b. equity of redemption: the right which a mortgagor who has in law
forfeited his estate has of redeeming it within a reasonable time by
payment of the principal and interest. equity to a settlement: a wife's
equitable right to have settled upon her any properties coming to her
after marriage.
1712 Arbuthnot John Bull 67 But has not Esquire South the equity of
redemption? 1767 Blackstone Comm. II. 159 This reasonable advantage,
allowed to mortgagors, is called the equity of redemption. 1858 Ld. St.
Leonards Handy Bk. Prop. Law xiv. 92 Twenty years' adverse possession,
by a person claiming the equity of redemption, will bar the rightful
owner.

c. (See quot. 1966.) orig. U.S.
1904 E. S. Meade in Pol. Sci. Q. Mar. 50 Its preferred stock is
quoted at+prices which indicate a general conviction that the equity in
the company is worth little. 1928 New Statesman 28 July, Finance Suppl.
p. vi, Out of the combined issued capital of £16,629,000 the public put
up 93 per cent. of the cash required, but received only 21.8 per cent.
of the equity—that is the balance of profits remaining after the fixed
dividends have been paid on the Preferred capital. 1930 Times
(Financial Rev.) 11 Feb. p. iii/2 It was widely imagined that more money
was to be made in high pressure equities than in anæmic mortgages. 1966
A. Gilpin Dict. Econ. Terms (1967) 72 Equities, the ordinary shares of a
limited company. They carry the right to the residue of a company's
assets after it has paid all its creditors, and share in the
distribution of profits, if any, after interest has been paid to
preference share-holders and debenture holders each year. 1969 Times
(Suppl.) 5 May p. iii/1 The shift in portfolio preferences of
institutional investors from bonds to equities+is even more rapid+than
the statistics suggest. 1970 Money Which? Sept. 143/2 The ordinary
shares of companies (also called equities) are bought and sold on a
Stock Exchange. 1930 Daily Express 8 Sept. 10/2 Purchasers of equity
securities of the speculative type. 1931 Ibid. 16 Oct. 14/5 To pay 5
per cent. on the equity shares and meet the preferential and debenture
interests, a trading profit of £111,000 is necessary. 1953 Economist 4
Apr. 18/2 Canadian tax practice+has made loan finance more attractive to
corporations than equity finance. 1965 McGraw-Hill Dict. Mod. Econ. 181
Equity capital, the total investment in a business by all its owners.



6. attrib. and Comb., as equity-bar, court, -judge, -lawyer. Also
equity-draughtsman, a barrister who draws pleadings in equity.
a1832 Bentham Justice & Codific. Petit. Wks. 1843 V. 484 Turn first
to the self-styled equity courts.



It's not equity *with*; it's equity.