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.
Both palladium and ruthenium are from the PGM family of metals otherwise known as the platinum group. PGM metals are found naturally white and are considered precious. Jewelry that is mass produced in China is alloyed with copper in place of ruthenium and is considered to be of lesser quality.