as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
definition of equity
user
the word equity always refers to the ownership of something, whether it be a company or a home. the wikipedia article is differentiating companies by how they raised money for operations. equity companies, by their definition are those that sold an interest in the company in exchange for capital. debt based companies, again by their definition, are those that borrow money from investors, but instead of an ownership stake they promise to pay back the money presumably with interest.
assistant