equity

Vocabulary Word

Definition
'Equity' means ownership interest in something such as property or business. It’s kind of like your share of a treasure chest or pie. It's also about fairness in economic, political or social contexts.
Examples in Different Contexts
In social justice, 'equity' emphasizes giving everyone what they need to be successful, rather than treating everyone the same. A policy maker might suggest, 'Our new program aims to promote equity in education, ensuring all students get the resources they need.'
Practice Scenarios
Business

Scenario:

Our focus this quarter is to increase the company's net worth and value for the stakeholders.

Response:

Improving shareholder equity should definitely be a focus. Maybe we could cut costs and optimize operations.

Sustainability

Scenario:

Ensuring equal access to clean water is a major challenge we need to address.

Response:

Yes, we truly need to address water equity. Every individual deserves access to clean and safe water.

Related Words
equity-stakesowndividendimpairmentinvestvaluationstock-investmentassets