C1
equality vs equity vs equivalence vs fairness
The difference
| Word | Meaning | Goes with | Example |
|---|---|---|---|
| equalitynoun/ɪˈkwɑː.lə.ti/ | Meaning the situation in which all people have the same rights, chances and treatment | Goes with gender equality | Example The group campaigns for equality between men and women at work. |
| equitynoun/ˈek.wə.ti/ | Meaning the value of the shares in a company, or the part of a home's value you own; also fairness | Goes with equity in | Example The founders gave up ten percent equity in exchange for the investment. |
| equivalencenoun/ɪˈkwɪv.ə.ləns/ | Meaning the state of being equal in value, meaning or importance | Goes with exact equivalence | Example There is no exact equivalence between the two grading systems. |
| fairnessnoun/ˈfer.nəs/ | Meaning the quality of treating people equally and according to what is right | Goes with sense of fairness | Example Many workers question the fairness of the new pay system. |
Which word fits?
1 of 8Pick the word for the gap. Its form may change in the sentence.
Children have a strong sense of .