Equity for Dummies
noun
pronunciation: 'ɛkwɪtiWhat does Equity really mean?
Hey there! So, "equity" is a important word that means fairness or justice. It’s all about making sure that everyone gets what they need, and that they are treated fairly.
Imagine you and your friend are sharing a pizza. You both like different toppings, so you have to make sure that each of you gets a fair share of the pizza with the toppings you like. If one of you gets more than the other, that wouldn’t be fair, right? That’s kind of what equity is about - making sure everyone gets what they need and is treated fairly.
Equity can also mean the value of something that you own. For example, if you have a house, the equity is the difference between what the house is worth and how much you owe on your mortgage. It’s like the ownership of the house that you have built up over time.
So, when we talk about equity, we’re talking about fairness and making sure everyone is treated equally in a fair way. It's about making sure that everyone has the same opportunities and chances, no matter their background or circumstances. It’s a really important concept and something we should all be striving for in our communities and society.
I hope that helps you understand what "equity" means! Let me know if you have any more questions.
Imagine you and your friend are sharing a pizza. You both like different toppings, so you have to make sure that each of you gets a fair share of the pizza with the toppings you like. If one of you gets more than the other, that wouldn’t be fair, right? That’s kind of what equity is about - making sure everyone gets what they need and is treated fairly.
Equity can also mean the value of something that you own. For example, if you have a house, the equity is the difference between what the house is worth and how much you owe on your mortgage. It’s like the ownership of the house that you have built up over time.
So, when we talk about equity, we’re talking about fairness and making sure everyone is treated equally in a fair way. It's about making sure that everyone has the same opportunities and chances, no matter their background or circumstances. It’s a really important concept and something we should all be striving for in our communities and society.
I hope that helps you understand what "equity" means! Let me know if you have any more questions.
Revised and Fact checked by Sarah Anderson on 2023-11-15 10:21:30
Equity In a sentece
Learn how to use Equity inside a sentece
- In order to achieve equity in the classroom, all students should have access to the same resources and support.
- The company is committed to workplace equity, ensuring that all employees are treated fairly and have equal opportunities for advancement.
- The government is working towards equity in healthcare, aiming to provide the same level of care to all citizens regardless of their financial situation.
- An example of equity is when two people contribute the same amount of money to a joint project and then share the profits equally.
- Equity in education means that every student has the opportunity to succeed, regardless of their background or socio-economic status.
Equity Synonyms
Words that can be interchanged for the original word in the same context.
Equity Antonyms
Words that have the opposite context of the original word.
Equity Hypernyms
Words that are more generic than the original word.
Equity Hyponyms
Words that are more specific than the original word.