A legal term referring to the body of law developed by the English Court of Chancery, distinct from common law. Used in Japanese legal contexts when discussing Anglo-American legal systems.
衡平法は、コモン・ローの厳格さを補うために発展した。
Equity developed to supplement the rigidity of common law.
From 衡平 (kōhei, 'balance, equity') + 法 (hō, 'law'). The term is a direct translation of the English legal concept 'equity'.