Meaning of “equalize” in the English Dictionary

"equalize" in English

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UK usually equalise uk /ˈiː.kwə.laɪz/ us /ˈiː.kwə.laɪz/
noun [ U ] UK usually equalisation uk /ˌiː.kwə.laɪˈzeɪ.ʃən/ us /ˌiː.kwə.ləˈzeɪ.ʃən/

(Definition of “equalize” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"equalize" in Business English

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equalizeverb [ T ]

UK also equalise uk /ˈiːkwəlaɪz/ us

to make laws or treatment the same for all people or companies in a group or place:

The latest proposals would implement appropriate measures to equalize the conditions of global trade.
equalize taxes/rates/payments

(Definition of “equalize” from the Cambridge Business English Dictionary © Cambridge University Press)