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Alignment and Equalization

noun

  • An organization of people (or countries) involved in a pact or treaty.
  • The spatial property possessed by an arrangement or position of things in a straight line or in parallel lines.
  • Astronomy) apparent meeting or passing of two or more celestial bodies in the same degree of the zodiac.
  • The act of adjusting or aligning the parts of a device in relation to each other. .

noun

(n.) The act of equalizing or state of being equalized.

In some jurisdictions, when it is necessary to correct inequalities in state wide tax assessments, an' equalization' factor is used to achieve uniformity. An equalization factor may be applied to raise or lower assessments in a particular district or county. The assessed value of each property in the area is multiplied by the equalization factor, and the tax rate is then applied to the equalized assessment.