equity
This term carries a heavy weight of balance and justice. In a social context, it is distinct from equality; while equality provides everyone with the same tool, equity ensures everyone has the specific tool they need to reach the same outcome. It suggests a corrective measure to offset historical or systemic disadvantages.
In financial terms, the word evokes a sense of true ownership. It represents the actual slice of a pie that belongs to an individual, stripped of any obligations or debts. It is the difference between owning an asset on paper and owning its actual value.
Uncountable when referring to the abstract principle of fairness and justice. Countable when referring to specific types of financial ownership or various equity stakes in different companies.
Meanings
Examples
The homeowners have built up significant equity in their house over ten years.
The organization is committed to promoting equity in the workplace.
The founders retained a majority of the equity in the startup.