Praetor, plural Praetors, or Praetores, in ancient Rome, a judicial officer who had broad authority in cases of equity, was responsible for the production of the public games, and, in the absence of consuls, exercised extensive authority in the government.
Apart from that, cases of equity could be heard by either court.
As a judge of the Court of Chancery he was required to deal with cases of equity; though he was almost entirely unfamiliar with the Roman law it was based on, he had previously practised in the Chancery.
He was also noted for his insistence that equity should be applied by all courts, not just the Court of Chancery, a view that provoked much disagreement during his lifetime, but was eventually confirmed by Parliament in the Supreme Court of Judicature Act 1873, which allowed all courts to take cases of equity.
That may well be the case with sector Holdrs, a type of equity trust invented by Merrill Lynch last year that is fast becoming its signature financial product.
In the case of private equity, many of the investments are held for longer than a year.
In the case of private equity, the managers contribute their understanding of the companies to buy, operational expertise and, often, capital to the partnership.
In the case of an equity issue, reported ROE at the end of the year should be ( frac{mathrm{EARNINGS}}{{mathrm{EQUITY}}_{mathrm{t}-1}+mathrm{ISSUE}+mathrm{EARNINGS}} ).
In the case of global equity and junk funds, the basic rating period is three cycles; funds that have been around for only two are bulleted.
