equalization payments

/IY0 K W AH0 L IH0 Z EY1 SH AH0 N P EY0 M AH0 N T S/
noun
  1. 1

    Extra money transferred from the federal government to a province, drawn from general tax revenue and intended to redistribute some wealth from relatively prosperous provinces to relatively poor provinces.

  2. 2

    In a divorce agreement, a payment made by one spouse to the other in order to create an equal division of assets.

Translate “equalization payments” into another language

Choose a language below to open the translator with English selected as the source language.

🇪🇸Spanish🇫🇷French🇩🇪German🇸🇦Arabic🇨🇳Chinese Simplified🇯🇵Japanese🇮🇳Hindi🇧🇷Portuguese🇷🇺Russian🇰🇷Korean🇮🇹Italian🇹🇷Turkish
See all 248+ languages

Source: https://en.wiktionary.org/wiki/equalization%20payment, https://en.wiktionary.org/wiki/equalization%20payments

Back to Dictionary