9 to conceal in or about the hand, as in sleight-of-hand tricks. 10 to touch or soothe with the palm of the hand, (See also) â palm off. (C14 paume, via Old French from Latin palma; compare Old English folm palm of the hand, Greek palame). English Collins Dictionary-English Definition & Thesaurus &nbsp. See also:
owners' equity. The owners' interest in the assets of a business. Owners' equity includes the amount invested by the owners plus the profits (or minus the losses) in the enterprise. Owners' equity and liabilities are used to finance a firm's assets. Also called net assets, shareholders' equity, stockholders' equity.
A statement of owner's equity takes information from the balance sheet and uses this information to track the rising equity a business owner has in his or her business for a designated financial period. The statement of owner's equity can also sometimes appear as the statement of shareholders' equity.