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    What is fund equity, and how does it compare to net assets?

    Solution Preview

    Fund equity is a term which has more than one meaning.

    If the reference is to governmental or not-for-profit organizations, then the definition is the excess (or surplus) of assets over liabilities. It would equate to stockholders' equity in a for-profit business. ...

    Solution Summary

    In 181 words, the solution discusses the concept of fund equity in several types of organizations. The term has more than one meaning, depending on the type of entity.