Equity

Equity

Definition

Equity is a term that is used to describe fairness, justice, and equality in various contexts. In general, equity refers to the idea of treating everyone fairly and equally, taking into account their individual circumstances and needs. It’s about ensuring that everyone has access to the same opportunities and resources, regardless of their background or identity. In finance, equity refers to the ownership interest in a company or property. It represents the value of an individual’s or organization’s share in that particular asset. So, when you hear about stocks and shares, that’s related to equity in the financial sense. Equity is also a guiding principle in social justice and human rights. It recognizes the importance of addressing systemic inequalities and working towards a more just and inclusive society.

Example sentences
The company strives to promote equity by ensuring fair treatment for all employees.
Access to quality healthcare should be a matter of equity, not privilege.
The government implemented policies to address income inequality and promote equity.
Gender equity is an ongoing goal in many societies, aiming for equal rights and opportunities for all genders.
Equity in the workplace means that everyone has a fair chance for advancement and equal pay.