This document defines equilibrium as the condition of a system when its state of motion or internal energy does not change over time. It provides definitions for different types of equilibrium including stable, unstable, and neutral equilibrium. Examples are given for each type. Terms associated with equilibrium like force, net force, tension, and weight are defined. Applications of equilibrium principles like in buses, seesaws, and boats are described. Factors like temperature, pressure, and concentration can affect equilibrium. Laws of equilibrium including Newton's First Law and conditions for translational and rotational equilibrium are outlined.