equalization Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "equalization" - Business English Dictionary

equalization

noun [U] ( UK also equalisation)
 
 
/ˌiːkwəlaɪˈzeɪʃən/ US   /ˌiːkwəlɪˈzeɪʃən/
PROPERTY, TAX 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: The county's equalization director confirmed that property values had come to a standstill, rising only 1.6% over a 12-month period.
the process of making laws or treatment the same for all people or companies in a group or place: equalization of sth There are new rules which allow for the gradual equalization of pensions between men and women.
(Definition of equalization from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of equalization?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “equalization”

Word of the Day
child benefit

money received regularly by families from the government to help pay for the costs of taking care of children

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

responsible luxury noun
responsible luxury noun
August 03, 2015
high-end, green tourism and hospitality Jumeirah’s ‘responsible luxury’ approach is an example of a sustainable travel experience – future guests will enjoy the environment as much as today’s.

Read More