Talk:Ownership equity
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The other definitions are very restrictive and do not add anything to what equity is. It is the same for stocks, commodities, real estate, or even bank accounts.
Owners interest in an asset after all liabilities are paid. GT
[edit] QUESTION
what is equity as a whole in account and what are its concepts?
http://uk.ask.com/web?q=Does+Owner%27s+equity+represent+the+liabilities+of+a+business%3F&qsrc=0&o=312&dm=all ??
[edit] Move article discussion
The proper name for this account is "Owners Equity" and it is for proprietorships only, not corporations, which use Shareholders' equity. Octopus-Hands 09:12, 19 October 2006 (UTC)