Nev. Admin. Code § 361.278 — 361.278

NAC 361.278    “Equity” defined. ( NRS
360.090 , 361.320 )    “Equity” means the owners’
interest in the business. In monetary terms, it is the amount of money the
owners have invested in common and preferred stock plus earnings of the
business that have not been paid out as dividends.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]