Homonym: equity (Fairness)
Equity refers to fairness and justice in the way people are treated, especially in terms of access to resources and opportunities. It means ensuring that everyone has what they need to succeed, which may involve providing extra support to those who face disadvantages. For example, in education, equity ensures that all students, regardless of their background, have access to quality learning materials and support.
In finance, equity represents ownership in an asset, such as a company or property. When you own equity in a business, you have a claim on its assets and earnings. This ownership can grow in value over time, providing financial benefits to the owner.