equalization payment (English, noun)
expansion: equalization payment (plural equalization payments)
Senses:
topics: government
glosses: 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.
tags: Canada
topics: law
glosses: In a divorce agreement, a payment made by one spouse to the other in order to create an equal division of assets.
tags: Canada
Forms:
form: equalization payments
tags: plural