Equitable interest — An equitable interest is an interest held by virtue of an equitable title (a title that indicates a beneficial interest in property and that gives the holder the right to acquire formal legal title) or claimed on equitable grounds, such as the… … Wikipedia
equitable interest — An interest in, or ownership of, property that is recognized by equity but not by the common law A beneficiary under a trust has an equitable interest. Any disposal of an equitable interest (e. g. a sale) must be in writing. Some equitable… … Big dictionary of business and management
equitable interest — The interest of a beneficiary under a trust is considered equitable as contrasted with the interest of the trustee which is a legal interest because the trustee has legal as contrasted with equitable title. Restatement, Second, Trusts, No. 2f.… … Black's law dictionary
equitable interest — The interest of a beneficiary under a trust is considered equitable as contrasted with the interest of the trustee which is a legal interest because the trustee has legal as contrasted with equitable title. Restatement, Second, Trusts, No. 2f.… … Black's law dictionary
equitable interest — See equitable right; equitable title … Ballentine's law dictionary
equitable interest — /ˈɛkwətəbəl ɪntrəst/ (say ekwuhtuhbuhl intruhst) noun Finance the interest in a property which derives from the legal or nominal interest of the trustee. Compare beneficial interest …
equitable interest — noun : an interest in or with respect to property of the sort recognized by a court of equity (as an interest arising because of fraud) … Useful english dictionary
interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim … Law dictionary
equitable — eq·ui·ta·ble / e kwi tə bəl/ adj 1: having or exhibiting equity: dealing fairly and equally shall allocate...appropriations in an equitable manner U.S. Code 2: existing or valid in equity or as a matter of equity as distinguished from law an… … Law dictionary
interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… … Black's law dictionary