The amount of TV programming saved to a Tivo or Digital Video Recorder when the pause button is used--not to be confused with recorded TV programming which is saved on the Tivo or DVR indefinently. Equity only lasts up until the channel is changed or is 'spent' fast forwarding through commercials.
I paused the TV 10 minutes ago and now I have enough equity so I probably won't have to sit through any commercials while I watch my favorite show. I can just fast forward right through them using my 10 minutes of equity.
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