equalization payment

== English == === Noun === equalization payment (plural equalization payments) (Canada, government) 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. (Canada, law) In a divorce agreement, a payment made by one spouse to the other in order to create an equal division of assets. ==== Synonyms ==== ((Canada) money transferred from the federal government to a province): transfer payment === See also === Equalization payments on Wikipedia.Wikipedia Equalization payments in Canada on Wikipedia.Wikipedia === Further reading === “equalization payment”, in OneLook Dictionary Search.