Equalize and Equalization

verb

• Compensate; make the score equal.
  • synonyms: equalise, get even
• 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"
  • synonyms: equal, match, equalise, equate

• (v.t.) To make equal; to cause to correspond or be like, in amount or degree as compared; as, to equalize accounts, burdens or taxes.
• (v.t.) To pronounce equal; to compare as equal.
• (v.t.) To be equal to; equal; to match.

noun

• The act of making equal or uniform.
  • synonyms: equalisation, leveling

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.