Generally speaking, equity is the value of an asset less the amount of all liabilities on that asset. It can be represented with the accounting equation: Assets -Liabilities = Equity. BREAKING DOWN 'Equity ' Equity can have somewhat different meanings, depending on the context and the type of asset.
precious metal. 1. a metal of the gold, silver, or platinum group. And yet here you are, looking at a glass of amber liquid that is worth its weight in a precious metal. One Percent Shots! It is a relic of the age of gold, when this precious metal was used in a thousand forms, not seen to-day.
They are attractive and not very chemically active. These properties make the metal desirable in jewelry, coins, and art. About a half dozen metals near silver in the periodic table are also precious metals. These include gold, platinum, palladium, rhodium, and indium. Silver has been used by humans for thousands of years.