Final answer:
The other name for 'owner's equity' is 'shareholder's equity,' which refers to the residual value to shareholders after debts have been settled.
Step-by-step explanation:
Another name for 'owner's equity' is shareholder's equity. In a business context, equity represents the amount of money that would be returned to a company's shareholders if all the assets were liquidated and all the company's debt was paid off. For individuals, equity could be in the form of home equity, which is the market value of a house minus what is still owed on any bank loans against the property. For example, if someone has a house with a market value of $200,000 and owes $180,000 to the bank, their home equity would be $20,000.