Pronunciation: (ek'wi-tu-bul), [key]
1. characterized by equity or fairness; just and right; fair; reasonable: equitable treatment of all citizens.
a. pertaining to or valid in equity.
b. pertaining to the system of equity, as distinguished from the common law.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.