Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English


English definition of “vertical equity”

vertical equity

noun [U]     ECONOMICS, TAX
the principle that people who earn more should pay more for something, especially tax : The paper examines some possibilities for incorporating vertical equity into health care policy . → Compare horizontal equity
(Definition of vertical equity noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of vertical equity

Word of the Day


relating to behaviour between people that is pleasant and friendly, often despite a difficult situation

Word of the Day


Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More