equalization

[ˌiːkwəlaɪˈzeɪʃən]

equalization Definition

  • 1the act or process of making something equal or uniform in some respect
  • 2the act or process of compensating for differences in the abilities of individuals or groups

Using equalization: Examples

Take a moment to familiarize yourself with how "equalization" can be used in various situations through the following examples!

  • Example

    The government implemented an equalization policy to reduce regional disparities.

  • Example

    The equalization of wages between men and women is a major issue in the workplace.

  • Example

    The equalization of opportunities for education is essential for social justice.

equalization Synonyms and Antonyms

Phrases with equalization

  • a transfer of funds from richer regions to poorer regions to ensure that public services are provided at similar levels

    Example

    Fiscal equalization is necessary to ensure that all citizens have access to basic public services.

  • a payment made by the government to a province or territory to offset differences in revenue-raising capacity

    Example

    Equalization payments help ensure that all Canadians have access to comparable public services.

  • a multiplier used to adjust the assessed value of property to reflect its true market value

    Example

    The equalization factor is used to ensure that property taxes are based on fair market value.

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Summary: equalization in Brief

The term 'equalization' [ˌiːkwəlaɪˈzeɪʃən] refers to the act or process of making something equal or uniform, such as reducing regional disparities or ensuring equal opportunities. It can also refer to compensating for differences in abilities or revenue-raising capacity. Examples include fiscal equalization and equalization payments. The term is often used in formal contexts.