The act or process of making equal or bringing about conformity to a common standard. The process of equal* izing assessments or taxes, as performed by “boards of equalization” in various states, consists in comparing the assessments made by the local officers of the various counties or other taxing districts withln the jnrisdic-tion of the board and reducing them to a common and uniform basis,, increasing or diminishing by such percentage as may be necessary, so as to bring about, within the entire territory affected, a uniform and equal ratio between the assessed vaiue and the
Source: Black’s Law Dictionary 2nd Ed (1910)
