Equity – The quality of being fair and impartial

(Pronounced ek-wuh-tee)

To remember the definition of the word equity, use the following mnemonic:

The equipment they used to tee (equity) off wasn't the same. There needed to be fairness in the match. 

Examples of equity in a sentence

They were protesting for more equity in their nations government. 

The equity of the judges was vital for an honest and fair sentencing.

The referee's lack of equity in his treatment of the two teams got him fired.