It's often instructive to compare entries in older and newer versions of Black's Law Dictionary—and on subjects I work on, the older ones are usually better. An example is the entry for equity.

I suspect that when most people think of the law — if they think of it at all — they conceive of it as wearing a suit and tie, perhaps one with the buttons fastened and the knot cinched overly tight.

Feb 23 (Reuters) - Citigroup Inc is talking to U.S. officials about converting the preferred shares it sold to the government last year into common equity, which would instantly boost the bank's ...

E quity has become a familiar term on American college campuses in recent years, as well as a flash point in the nation’s culture wars. Centers for teaching and learning embrace it, as do institutes ...