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Simple English definitions for legal terms

equity term

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A quick definition of equity term:

Equity term refers to a specific period of time during which a court hears cases related to equity, which is a type of law that deals with fairness and justice. It is one of the different types of terms used in the legal system, which can also refer to a fixed period of time for a contract or lease, or a period during which a court conducts judicial business. The term equity term is important for understanding when certain types of cases will be heard in court.

A more thorough explanation:

An equity term is a period during which a court tries only equity cases. Equity cases are those that involve fairness and justice, rather than legal technicalities. For example, a case involving a dispute over property ownership may be heard in equity court if the legal ownership is unclear, and the court needs to determine what is fair and just.

One example of an equity case is a dispute over a will. If the will is unclear or there are questions about its validity, an equity court may be called upon to determine how the deceased person's assets should be distributed.

Another example of an equity case is a dispute over a contract. If one party claims that the other party did not fulfill their obligations under the contract, an equity court may be called upon to determine what is fair and just in the situation.

Overall, equity terms are important because they allow courts to focus on cases that require a deeper understanding of fairness and justice, rather than just legal technicalities.

equity stock | equity to a settlement

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Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
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I shop at Joe
HopefullyInLawSchool
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Joe's
glovediedthisishismom
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i shop at tawget
glovediedthisishismom
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im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
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