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.
Luster describes how a mineral appears to reflects light, and how brilliant or dull the mineral is. The terms used to describe luster are: 1  Metallic (also known as splendent). 2  Submetallic. 3  Vitreous (also known as glassy). 4  Adamantine (also known as brilliant or diamondlike).5  Resinous (also known as resinlike). 6  Silky.7  Pearly (also known as mother-of-pearl).he terms used to describe luster are: 1  Metallic (also known as splendent). 2  Submetallic. 3  Vitreous (also known as glassy). 4  Adamantine (also known as brilliant or diamondlike). 5  Resinous (also known as resinlike). 6  Silky. 7  Pearly (also known as mother-of-pearl).