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.
Meaning of âpreciousâ in the English Dictionary. precious in British English. preciousadjective. precious adjective (VALUABLE) Clean water is a precious commodity in many parts of the world. You're so precious to me. The museum is full of rare and precious treasures.