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International Standard Bible Encyclopedia
Equity is the spirit of the law behind the letter; justice is the application of the spirit of equity; honesty is the general everyday use of justice or fairness, equity being the interior or abstract ideal. The Court of Equity overrides the Court of Common Law, deciding not upon terms, but the spirit of the deed.
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Orr, James, M.A., D.D. General Editor. Entry for 'Equity'. International Standard Bible Encyclopedia. https://www.studylight.org/encyclopedias/eng/isb/e/equity.html. 1915.