what are some other terms used to describe equity 
other terms that are sometimes used to describe this concept include shareholders equity book value and net asset value depending on the context the precise meanings of these terms may differ but generally speaking they refer to the value of an investment that would be left over after paying off all of the liabilities associated with that investment this term is also used in real estate investing to refer to the difference between a property s fair market value and the outstanding value of its mortgage loan 