Equitable means fair, not equal.
Marital property is subject to equitable distribution or division.
Marital Property is defined as property acquired between the date of the marriage and the date of the separation. It also includes property acquired after the separation date with marital funds or assets. Pensions acquired between marriage and separation are usually considered to be marital property. Only the percentage of the pension actually acquired during the marriage is marital property. Some disability pensions, even if acquired during the marriage, may be non-marital property.