Efficiency is defined as
the ability to produce something with a minimum amount of effort. An example of
efficiency is a reduction in the number of workers needed to make a car. ...
The efficiency of this loudspeaker is 40% productive of desired effects especially: capable of producing
desired results with little or no waste (as of time or materials) an efficient
worker efficient machinery being or involving the immediate agent in producing
an effect the efficient action of heat in changing water to steam
Define Equity Equity
is ownership of an asset of value. Ownership is created when the owner
contributes to the financing of the asset purchase. Another way to finance the
asset purchase is with debt. The amount of equity used to purchase an asset is
relative to the amount of debt. This is referred to as “the equity position.” Types
of Equity There are various types of equity, depending on how the term is used.
In investing, equity refers to stock as ownership in a corporation. In
corporate finance, equity (more commonly referred to as shareholders’ equity)
refers to the amount of capital contributed by the owners