equalization fund

noun

Definition of equalization fund

1 : a fund for equalizing payments or income to various classes of persons specifically : a fund raised by tariff duties on certain products and used for equalizing the income of producers of those products in proportion to their respective ratios of production
2 or equalization account : stabilization fund

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Cite this Entry

“Equalization fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/equalization%20fund. Accessed 15 Jun. 2021.

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