All 3 Uses of
equity
in
Gulliver's Travels
- Whether those pleading orators were persons educated in the general knowledge of equity, or only in provincial, national, and other local customs?†
Chpt 2 *
- …judges are persons appointed to decide all controversies of property, as well as for the trial of criminals, and picked out from the most dexterous lawyers, who are grown old or lazy; and having been biassed all their lives against truth and equity, lie under such a fatal necessity of favouring fraud, perjury, and oppression, that I have known some of them refuse a large bribe from the side where justice lay, rather than injure the faculty, by doing any thing unbecoming their nature or…†
Chpt 4
- …take the advantage, and carry it away from them both;" which my master would needs contend to have some kind of resemblance with our suits at law; wherein I thought it for our credit not to undeceive him; since the decision he mentioned was much more equitable than many decrees among us; because the plaintiff and defendant there lost nothing beside the stone they contended for: whereas our courts of equity would never have dismissed the cause, while either of them had any thing left.†
Chpt 4
Definition:
-
(equity as in: the company's equity) the value of an asset after all debts upon it are paid