Fairness vs Equity: What's the difference?

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Which is correct: Fairness or Equity

How to spell Fairness?

Fairness
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Equity
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Fairnessnoun

ability to make judgments free from discrimination or dishonesty

Fairnessnoun

conformity with rules or standards

Fairnessnoun

the property of having a naturally light complexion

Fairnessnoun

the quality of being good looking and attractive

Equitynoun

conformity with rules or standards

Equitynoun

the difference between the market value of a property and the claims held against it

Equitynoun

the ownership interest of shareholders in a corporation

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