noun Date: 1651 1. a. the set of articles or physical resources serving to equip a person or thing: as (1) the implements used in an operation or activity ; apparatus <
sports equipment
(2) all the fixed assets other than land and buildings of a business enterprise (3) the rolling stock of a railway b. a piece of such equipment 2. a. the equipping of a person or thing b. the state of being equipped 3. mental or emotional traits or resources ; endowment

New Collegiate Dictionary. 2001.