Equity in a firm with no debt is called unlevered equity.

Name: Equity in a firm with no debt is called unlevered equity.
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Unlevered equity, also known as equity in a firm with no debt, means that the firm has not incurred any debt financing to raise capital. Therefore, the equity holders have no obligations or liabilities to pay off the debt and the value of the equity is not affected by the presence or absence of debt.

Equity in a Firm with No Debt Is Called Unlevered