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Equity, or economic equality, is the construct, concept or idea of fairness in economics and justice in the distribution of wealth, resources, and taxation within a society. . Equity is closely tied to taxation policies, welfare economics, and the discussions of public finance, influencing how resources are allocated among different segments of the populati
Equity theory focuses on determining whether the distribution of resources is fair. Equity is measured by comparing the ratio of contributions (or costs) and benefits (or rewards) for each person. [ 1 ]
In finance, equity is an ownership interest in property that may be offset by debts or other liabilities. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets owned. For example, if someone owns a car worth $24,000 and owes $10,000 on the loan used to buy the car, the difference of $14,000 is equity.
Social equity is concerned with justice and fairness of social policy based on the principle of substantive equality. [1] Since the 1960s, the concept of social equity has been used in a variety of institutional contexts, including education and public administration .
Notions of equity, diversity, and inclusiveness begin with a set of premises about individualism, freedom and rights that take as given the existence of deeply rooted inequalities in social structure," therefore in order to have a culture of the inclusive university, it would have to "be based on values of equity; that is, equality of condition ...
Following the murder of George Floyd in 2020, some companies made substantial commitments to racial equity by establishing dedicated diversity, equity, and inclusion teams. [62] In early 2024, the Washington Post reported that there is a trend in corporate America to reduce DEI positions and delegate the work to external consultants. [ 62 ]
A home equity loan might offer better terms and interest rates than other financing options, such as construction, land or personal loans. ... (for example, rural versus urban), proximity to ...
Equity (finance), ownership of assets that have liabilities attached to them Stock, equity based on original contributions of cash or other value to a business; Home equity, the difference between the market value and unpaid mortgage balance on a home; Private equity, stock in a privately held company