Obviously! Different means are being used by financial institution, organizations or companies in other to raise funds so that they can meet up with their financial set back or financial instability. The word equity market is not new to the ears, it's usually applied solely in many organizations or companies. Equity market isn't only used when an organization or companies have financial set back or when they are liquidating. Some companies use it to stabilize or use it to make passive income for such company in other businesses.
Equity Market is when a part of company or organization's wealth is sold to probably stabilize the whatever financial situation of such company.
One of the obvious example of an organization that made use of equity market recently is FC Barcelona of spain. In recent time, FC Barcelona have been going through some financial difficulties due to the bizarre mismanagement of fund by the former President of FC Barcelona headed by Josep Maria Bartomeu.
So when the present President was elected in person of Joan Laporta, lot of mismanagement of funds were discovered which put FC Barcelona in some kind of huge debts. In order to to make things work fine, FC Barcelona had to sell part of their TV right so as to stabilize the smooth running of the football club. All these practices can also be called equity market,so that they (fc Barcelona) can use the money to finance other aspects like buying of players, investment into their academy, to be able to register players before the Laliga season starts and so on. So equity market is what an organization like fc Barcelona used to stabilize their financial instability.