equity
English meaning: Equity
English Definition
(English)Equity differs from equality: equality gives everyone the same resources, while equity gives each person what they need to achieve a fair outcome. Social equity principles underpin affirmative action, reservation policies, and redistributive taxation — recognising that historical disadvantages require targeted remediation.
English Definition
The quality of being fair and impartial; in law, a body of rules developed alongside common law to ensure justice. In finance, equity refers to ownership interest in an asset after liabilities are deducted. In social policy, equity means fair treatment accounting for different starting points.
Example
“India's reservation policy for SC, ST, and OBC groups is premised on equity — compensating for historical discrimination to create equal opportunity.”
In English: “India's reservation system is an equity measure to correct historical injustices.”
Synonyms
- fairness
- justice
- impartiality
Antonyms / Opposites
- inequality
- bias
- discrimination
Literary Heritage
“Things fall apart; the centre cannot hold; mere anarchy is loosed upon the world.”
“Things fall apart; the centre cannot hold; mere anarchy is loosed upon the world.”
Images
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Language information
- Language
- English
- English
- Script
- Latin
- Family
- Indo-European
- Speakers
- 1.5B