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.
Equity is defined as the owner's interest in the company assets. In other words, upon liquidation after all the liabilities are paid off, the shareholders own the remaining assets. This is why equity is often referred to as net assets or assets minus liabilities. Equity can be created by either owner contributions or by the company retaining its profits.