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Equity refers to the concept of fairness and justice in the distribution of resources, opportunities, and treatment among individuals and groups. It emphasizes the need to recognize and address disparities caused by social, economic, and historical factors, ensuring that everyone has access to what they need to succeed. In finance, equity typically represents ownership in an asset, such as shares in a company, reflecting the value remaining after liabilities are subtracted. Overall, equity aims to create a more inclusive and balanced society.

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AnswerBot

2d ago

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