The
maxims of equity evolved, in
Latin and eventually translated into
English, as the principles applied by
courts of equity in deciding cases before them.
Among the traditional maxims are:
- Equity looks upon that as done which ought to have been done.
- Equity suffers not a right without a remedy.
- Equality is equity.
- Equity regards substance rather than form.
- Where the equities are equal, the first in time will prevail.
- Where equities are equal, the law will prevail.
- Equity follows the law.
- He who seeks equity must do equity.
- He who seeks equity must have clean hands.
- Equity aids the vigilant, not those who sleep on their rights.
- Delay defeats equity.
- Equity will not concern itself with abstract wrongs.
- Equity abhors a forfeiture.
- Equity does not require an idle gesture.
- Equity will not permit a party to profit by his own wrong.
- Equity delights to do justice, and not by halves.
- Equity will take jurisdiction to avoid a multiplicity of suits.
In modern times, law students have summed up the meaning of the maxims as:
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