a monetary reserve established by a country to provide funds for maintaining the official exchange rates of its currency by equalizing the buying and selling of foreign exchange.
- Equalization payment
noun 1. (Canadian) a financial grant made by the federal government to a poorer province in order to facilitate a level of services equal to that of a richer province
[ee-kwuh-lahyz] /ˈi kwəˌlaɪz/ verb (used with object), equalized, equalizing. 1. to make : to equalize tax burdens. 2. to make uniform: to equalize a rate of production. /ˈiːkwəˌlaɪz/ verb 1. (transitive) to make equal or uniform; regularize 2. (intransitive) (in sports) to reach the same score as one’s opponent or opponents v. 1580s, from equal […]
[ee-kwuh-lahy-zer] /ˈi kwəˌlaɪ zər/ noun 1. a person or thing that . 2. any of various devices or appliances for strains, pressures, etc. 3. Electricity. an electric network of inductance, capacitance, or resistance established between two points in a given network to secure some constant relation, as even attenuation, between the two points. 4. Slang. […]
[ee-kwuh l] /ˈi kwəl/ adjective 1. as great as; the same as (often followed by to or with): The velocity of sound is not equal to that of light. 2. like or alike in quantity, degree, value, etc.; of the same rank, ability, merit, etc.: two students of equal brilliance. 3. evenly proportioned or balanced: […]