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.
A gemstone or gem (also called a fine gem, jewel, or a precious or semi-precious stone) is a piece of mineral crystal, which, in cut and polished form, is used to make jewelry or other adornments.side from the diamond, the ruby, sapphire, emerald, pearl (not, strictly speaking, a gemstone) and opal have also been considered to be precious. Up to the discoveries of bulk amethyst in Brazil in the 19th century, amethyst was considered a precious stone as well, going back to ancient Greece.