9 to conceal in or about the hand, as in sleight-of-hand tricks. 10 to touch or soothe with the palm of the hand, (See also) â palm off. (C14 paume, via Old French from Latin palma; compare Old English folm palm of the hand, Greek palame). English Collins Dictionary-English Definition & Thesaurus &nbsp. See also:
owners' equity. The owners' interest in the assets of a business. Owners' equity includes the amount invested by the owners plus the profits (or minus the losses) in the enterprise. Owners' equity and liabilities are used to finance a firm's assets. Also called net assets, shareholders' equity, stockholders' equity.
The owners' interest is the part of assets that is left after all liabilities are paid. Therefore equity is sometimes called Net Assets. Equity accounts may be divided into following important types: Contributed Capital: Contributed capital is the part of capital that directly comes from its owners.