Equity EH-qui-tee Equity, in a legal context, refers to a system of jurisprudence that focuses on fairness and justice as opposed to strict adherence to the law. Courts of equity can order remedies that are not available in courts of law, such as specific performance or injunctions. The plaintiff filed a lawsuit in equity court seeking an injunction to prevent the demolition of a historic building. While not a specific case, courts of equity have played a major role in legal history by providing more flexible remedies than courts of law. ← Back to BrowseNext Term →