difference between equity and equality
Equity vs Equality. One of the differences is the fact that equality obviously denotes that everyone is at the same level, whereas equity, in business parlance, denotes the ownership of the shares of a company. Equality alludes to the identical apportionment where dealings, values or qualities are concerned.
Main Difference â Equity vs Equality. Although equity and equality sound and look alike, they are two different concepts. Equity aims to understand the needs of each individual and distribute the resources fairly. Equality involves ensuring that every individual gets the same amount of resources regardless the differences between them.