Define: Equitable

Equitable
Equitable
Quick Summary of Equitable

Equitable refers to principles of fairness and justice that guide the decisions of courts in cases where the application of strict legal rules may lead to unjust outcomes. Equitable relief may be sought when legal remedies are insufficient to address a situation, typically involving issues such as trusts, property rights, and injunctions. Equitable remedies aim to achieve fairness and prevent unjust enrichment or harm.

What is the dictionary definition of Equitable?
Dictionary Definition of Equitable
  1. adj. just, based on fairness and not legal technicalities.
  2. refers to positive remedies (orders to do something, not money damages) employed by the courts to solve disputes or give relief.
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This glossary post was last updated: 29th March, 2024.

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