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Equity

  • the quality of being fair and impartial

or

the value of the shares issued by a company

  • in accounting, equity (or owner's equity) is the difference between the value of the assets and the value of the liabilities of something owned

  • it is governed by the following equation

  • The issue of economic inequality is relevant to notions of:

  1. equality of outcome

  2. equality of opportunity 

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