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Equal and Equalization

noun

  • A person who is of equal standing with another in a group.

verb

  • Be identical or equivalent to.
    • usage: "One dollar equals 1, 000 rubles these days"
    • synonyms: be
  • Be equal to in quality or ability.
    • usage: "Nothing can rival cotton for durability"; "Your performance doesn't even touch that of your colleagues"; "Her persistence and ambition only matches that of her parents"
  • Make equal, uniform, corresponding, or matching.
    • usage: "let's equalize the duties among all employees in this office"; "The company matched the discount policy of its competitors"

adjective

  • Having the same quantity, value, or measure as another.
    • usage: "on equal terms"; "all men are equal before the law"
  • Having the requisite qualities or resources to meet a task.
    • usage: "she had adequate training"; "her training was adequate"; "she was adequate to the job"; "he was equal to the task"

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.