wife's equity

noun
\ ˈwīfs- sometimes -īvz-\

Definition of wife's equity

: the equitable right or claim of a married woman prior to the married women's separate property acts as against her husband or his assignees or creditors to a reasonable provision (as by way of settlement) out of her choses in action or out of any property of hers under the jurisdiction of the court of chancery for the support of herself and her children

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