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inequity vs. iniquity

inequity
[in-ek-wi-tee] / ɪnˈɛk wɪ ti /

noun

plural

inequities

  1. lack of equity; unfairness; favoritism or bias.

  2. an unfair circumstance or proceeding.

iniquity
[ih-nik-wi-tee] / ɪˈnɪk wɪ ti /

noun

plural

iniquities

  1. gross injustice or wickedness.

    Synonyms:
    knavery, depravity, infamy, evildoing

  2. a violation of right or duty; wicked act; sin.