1 in the US and Canada, a process in which each local tax authority tries to make sure that the amount of tax to pay on a property is calculated at the same percentage of its value as other properties:
2 the process of making laws or treatment the same for all people or companies in a group or place:
Aircraft fuel tanks are vented to allow for equalization of pressure at different altitudes.
Rural school systems are seeking equalization of teacher pay with urban systems.
I think there are other basic problems in this country that have to be overcome before we get equalization of educational opportunity in schools.
This latter fact reduces potential efficiency gains for the system by preventing the equalization of marginal value products between the regions.
As discussed in the introduction, the irreversibility of investment prevents the equalization of marginal productivity across sectors at every point in time.
The most effective way to accomplish this is by improving the risk-equalization scheme.
Now it turned out there was a certain implication that developed from the interest equalization tax almost immediately.