/lɔ ʌv ˈɛkwɪti/ – Phrase
Definition: luật công bằng.
A more thorough explanation: The law of equity refers to a system of jurisprudence that developed in England to supplement the common law and provide remedies where the common law was inadequate. It is based on principles of fairness, justice, and conscience, and allows courts to provide remedies such as injunctions, specific performance, and equitable damages. The law of equity aims to achieve justice in situations where the strict application of common law rules would lead to unfair outcomes.
Example: In cases where the common law and the law of equity conflict, the court will apply principles of equity to ensure a fair and just outcome.