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.
DEFINITION of 'Exchange Rate'. The price of a nationâs currency in terms of another currency. An exchange rate thus has two components, the domestic currency and a foreign currency, and can be quoted either directly or indirectly.In a direct quotation, the price of a unit of foreign currency is expressed in terms of the domestic currency.n exchange rate that does not have the domestic currency as one of the two currency components is known as a cross currency, or cross rate. Also known as a currency quotation, the foreign exchange rate or forex rate.