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What does equilibrium mean?

Looking for the meaning or definition of the word equilibrium? Here's what it means.

Noun
  1. The condition of a system in which competing influences are balanced, resulting in no net change.
  2. (physics) The state of a body at rest or in uniform motion in which the resultant of all forces on it is zero.
  3. (chemistry) The state of a reaction in which the rates of the forward and reverse reactions are the same.
  4. Mental balance.
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Examples
The standard story of entry and exit leads to a long-run equilibrium in which all firms earn only a normal rate of return on investment.
The quantity w represents the average fitness of the population at equilibrium.
Because of the effect of wave refraction, the plan shape of crenulated coasts can attain an equilibrium state.
With the cooking oscillating alarmingly, puddings did restore a certain equilibrium.
There is no evolution in his work, but a continual alternation between structure and disorder, equilibrium and fragmentation.
An object in equilibrium will not experience acceleration, and will either remain at rest, or continue moving at a constant velocity.

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