ˌēkwələ̇ˈzāshən, -ˌlīˈz- noun
( -s )
: the act of equalizing or the state of being equalized
equalization of conditions of employment in agriculture and industry
equalization of brake pressure on all wheels
specifically : the adjustment of the tax valuation of property so as to make the tax burden in different districts proportionate to the value of the taxable property in the district