What context can I use each word in?
Learn when and how to use these words with these examples!
equity
Example
The equity of the house was divided equally between the two siblings. [equity: noun]
Example
The company's equity increased significantly after the successful IPO. [equity: noun]
fairness
Example
The judge's ruling was based on fairness and impartiality. [fairness: noun]
Example
It's important to ensure fairness in the workplace to avoid discrimination. [fairness: noun]
Good things to know
Which word is more common?
Fairness is more commonly used than equity in everyday language. Fairness is a universal value that is important in various aspects of life, while equity is a technical term that is mainly used in financial or business contexts.
What’s the difference in the tone of formality between equity and fairness?
Both equity and fairness can be used in formal and informal contexts. However, equity may be more commonly used in technical or specialized fields, while fairness is more versatile and can be used in various formality levels.