Definition
- Equity
- Equity is fairness in how income, wealth and opportunity are shared out, judged against a view of what people ought to have.
- Not to be confused with: Equality
- Equality is a situation in which people or groups end up with the same, or nearly the same, amount of something, such as income.
Test yourself
What is the difference between equity and equality?
Equality can be measured from the data; equity needs a judgement of what is fair, so people disagree about it.