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
Synonyms for equalization
Antonyms for equalization
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.
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.
