Equity is often referred to as

Name: Equity is often referred to as
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Equity is often referred to as residual equity because it is the remaining value of assets after liabilities have been paid off. It is also known as owner's equity or shareholder's equity. The terms "leftovers" and "spoils" have negative connotations and do not accurately reflect the concept of equity. "Second equity" is not a commonly used term in finance.

Equity Is Often Referred to as