equity vs assets

equity and assets both are nouns.

Word	Noun	Adjective	Verb	Adverb
equity	Yes	No	No	No
assets	Yes	No	No	No

As nouns, assets is a hypernym of equity; that is, assets is a word with a broader meaning than equity:

equity: the difference between the market value of a property and the claims held against it
assets: anything of material value or usefulness that is owned by a person or company

equity (noun)	assets (noun)
conformity with rules or standards	anything of material value or usefulness that is owned by a person or company
the ownership interest of shareholders in a corporation
the difference between the market value of a property and the claims held against it