Link to this slang definition. To link to this term in a web page or blog, insert the following. <a href=http://onlineslangdictionary.com/meaning-definition-of/kosher>kosher</a>. To link to this term in a wiki such as Wikipedia, insert the following.
Definition. Process by which a taxation authority (such as a state or municipality tax board) tries to ensure that all taxable property under its jurisdiction is assessed for property taxes at the same percentage of its market value.This percentage is called equalization rate.efinition. Process by which a taxation authority (such as a state or municipality tax board) tries to ensure that all taxable property under its jurisdiction is assessed for property taxes at the same percentage of its market value.
Implied Rate. What is an 'Implied Rate'. An implied rate is an interest rate that is determined by the difference between the spot rate and the forward/futures rate. The degree of relative costliness of a future rate can be assessed by comparing the implied rate with the spot rate.