Business / Real Estate / Equalization: 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.
Technology / Home Audio / Tape Equalization: In tape decks, the best equalization response must be selected according to the type of tape — normal, chrome, or high-bias. In many decks, automatic sensors perform this function, in others, a swit MORE
Business / Finance / Interest Equalization Tax: An interest expense, such as interest on a margin account, that is allowed as a deduction for tax purposes. MORE