Equitable Construction Law and Legal Definition

Equitable construction is the interpretation of instruments agreeably to and in conformity with the principles and rules of equity. It is the construction of a statute by either restraining or enlarging the letter of the statute. In some cases the letter of a legislative act is restrained by an equitable construction; in others it is enlarged; in others the construction is contrary to the letter. [Riggs v. Palmer, 115 N.Y. 506, 510 (N.Y. 1889)].