# equalization payment

> English word · Noun

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

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/equalization-payment