I think 'equity' is such an unfortunate choice of term. This usage popped up in the mainstream and then exploded all over in the last couple of years. I'm sure

I think 'equity' is such an unfortunate choice of term. This usage popped up in the mainstream and then exploded all over in the last couple of years. I'm sure it was chosen for its phonetic adjacency to 'equality'. I haven't seen and concrete definitions for the usage, just borderline-meme webcomic illustrations of people looking over a fence at a baseball game. I believe understand the meaning, that being that equality before the law does not account for material quality of life imbalances arising from unquestionable historical wrongdoing. It seems to be most frequently used in describing the relationship of Black and Indigenous Americans to Americans of European "white" descent. My big issue with it is that the word 'equity' has an extremely important financial meaning that many of the people wielding the new usage are unfamiliar with or don't know at all. There are lots of young people who don't have 'nu-equity' and are woefully ignorant of the overwhelming influence the accounting equation and cash flow valuation has on their lives. Teaching this new vague definition of 'equity' is going to divorce so many people from ever having productive conversations about wealth. Already, lots of people I follow in finance (white and nonwhite, male and female, immigrants and natural born) are dismissing this kind of language out-of-hand. Or, perhaps I am wrong. Maybe this new usage of equity points, in fact, to exactly the same thing as the legacy financial definition. The activists want shares and they demand them now. I have not seen anything to support this identity, but maybe the meaning isn't too far off.