# Equity

> Equity — The residual interest in the assets that remains after deducting liabilities (FASB CON 8 ¶E61).

Source: https://lopifi.com/glossary/equity
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is equity?** In accounting, equity means the residual interest in the assets that remains after deducting liabilities (FASB CON 8 ¶E61).

## Words this system refuses for it

- net worth
- capital alone

- **Category:** Foundations
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [balance-sheet](https://lopifi.com/md/components/balance-sheet)