owelty
/ˈəʊəlti/Law
noun
Equality. In later use: specifically equality as established by a sum of money, etc., given in compensation after a division of property into parts of unequal value; the establishment of equality in this way; the difference in price between two such pieces of property.
Origin
Late 16th century. From Law French owelte from owel + -té, after classical Latin aequālitāt-, aequālitās.