Equity division refers to the process of distributing ownership shares or assets among individuals or entities. This is commonly seen in business partnerships, where profits and losses are shared based on the agreed-upon equity percentages. The goal is to ensure that each party receives a fair portion relative to their investment or contribution. In legal contexts, equity division can also apply to the division of property during divorce proceedings. Courts often assess the value of marital assets and liabilities to determine a fair distribution. This process aims to achieve an equitable outcome for both parties, considering factors like duration of the marriage and individual contributions.