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.
While the noble metals tend to be valuable â due to both their rarity in the Earth's crust and their applications in areas like metallurgy, high technology, and ornamentation â the terms noble metal and precious metal are not synonymous. The term noble metal can be traced back to at least the late 14th century and has slightly different meanings in different fields of study and application. Only in atomic physics is there a strict definition, which includes only copper, silver, and gold ...