Generally speaking, equity is the value of an asset less the amount of all liabilities on that asset. It can be represented with the accounting equation: Assets -Liabilities = Equity. BREAKING DOWN 'Equity ' Equity can have somewhat different meanings, depending on the context and the type of asset.
precious metal. 1. a metal of the gold, silver, or platinum group. And yet here you are, looking at a glass of amber liquid that is worth its weight in a precious metal. One Percent Shots! It is a relic of the age of gold, when this precious metal was used in a thousand forms, not seen to-day.
See more synonyms on Thesaurus.com. 1, 3. Valuable, precious refer to that which has pecuniary or other value. Valuable applies to whatever has value, but especially to what has considerable monetary value or special usefulness, rarity, etc.: a valuable watch. That which is precious has a very high intrinsic value or is very dear for its own sake, associations, or the like: a precious jewel, friendship. Antonyms Expand.