A limerick is a form of poetry in five-line, predominantly anapestic meter with a strict rhyme scheme (AABBA), which is sometimes obscene with humorous intent. The third and fourth lines are usually shorter than the other three. The following example is a limerick of unknown origin:
In accounting and finance, equity is the difference between the value of the assets / interest and the cost of the liabilities of something owned.For example, if someone owns a car worth $15,000 but owes $5,000 on that car, the car represents $10,000 equity. Equity can be negative if liability exceeds assets.In an accounting context, shareholders' equity (or stockholders' equity, shareholders' funds, shareholders' capital or similar terms) represents the equity of a company as divided among individual shareholders of common or preferred stock.quity can be negative if liability exceeds assets. In an accounting context, shareholders' equity (or stockholders' equity, shareholders' funds, shareholders' capital or similar terms) represents the equity of a company as divided among individual shareholders of common or preferred stock.
DEFINITION of 'Accounting Equation'. The equation that is the foundation of double entry accounting. The accounting equation displays that all assets are either financed by borrowing money or paying with the money of the company's shareholders.Thus, the accounting equation is: Assets = Liabilities + Shareholder Equity.The balance sheet is a complex display of this equation, showing that the total assets of a company are equal to the total of liabilities and shareholder equity.ny purchase or sale by an accounting equity has an equal effect on both sides of the equation, or offsetting effects on the same side of the equation. The accounting equation is also written as Liabilities = Assets â Shareholder Equity and Shareholder Equity = Assets â Liabilities. Next Up.