What does "equity" mean, please explain?

1. The residual value of a business or property beyond any mortgage thereon and liability therein.

2. a. The market value of securities less any debt incurred.

b. Common stock and preferred stock.

3. Funds provided to a business by the sale of stock.

When you purchase a new home, or a older home for that matter, when you make your payment you are building up equity in your home. In other words, you could say: I'm saving my money by building up equity in my home. or, let's say you exercise everyday, therefore your building up equity in your life's longevity.

When you buy a car and you make monthly payments, again, your building up equity, and when the car is paid for, it's yours. If you lease something, your don't build up equity because you have nothing to claim as yours when

the lease is up. I hope this has been of some help to you.

It's a go-to statement that analysts use to basically say that because Lebron hasn't won a title he isn't great individually. They also use it to downplay the success of the Cavaliers. The funny thing about that is, whenever someone says "hey why hasn't Lebron won a title?" The comeback is always "well he never had a great team". So basically first they state that Lebron has to win a title for the Cavaliers, but then blame the lack of a title on his teammates. Well, according to them, his teammates aren't important if *he* has to win them a title. Oh I see, it's only their fault if they don't win. They're full of crap. First of all I'm not a great believer in the idea that titles necessarily make a player great. Besides like you said it's not just Lebron who wants a title, the CAVALIERS want a title. Analysts on ESPN etc. forget that their are many important players that are major parts to that team or any team.

Equity is the value of your ownership in a home, for instance.

You buy a house for $100,000 putting 20,000 down. Your equity is 20m