inequity

[in-ek-wi-tee]
noun, plural inequities for 2.
1.
lack of equity; unfairness; favoritism or bias.
2.
an unfair circumstance or proceeding.

Origin:
1550–60; in-3 + equity

inequity, iniquity.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
inequity (ɪnˈɛkwɪtɪ)
 
n , pl -ties
1.  lack of equity; injustice; unfairness
2.  an unjust or unfair act, sentence, etc

Collins English Dictionary - Complete & Unabridged 10th Edition
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Example sentences
Individuals vary genetically from their siblings and cousins in ways that may
  manifest as visible and physiological inequities.
The university system is rife with inequities that need to be publicly exposed.
Time-and an education-sensitized him to the inequities in education.
Economic expediency, though, has been used to justify a great many inequities
  throughout our nation's history.
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