From The Collaborative International Dictionary of English v.0.48 [gcide]:
Equalize \E"qual*ize\, v. t. [imp. & p. p. {Equalized}; p. pr. &
vb. n. {Equalizing}.] [Cf. F. ['e]galiser.]
1. To make equal; to cause to correspond, or be like, in
amount or degree as compared; as, to equalize accounts,
burdens, or taxes.
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One poor moment can suffice
To equalize the lofty and the low. --Wordsworth.
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No system of instruction will completely equalize
natural powers. --Whately.
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2. To pronounce equal; to compare as equal.
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Which we equalize, and perhaps would willingly
prefer to the Iliad. --Orrery.
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3. To be equal to; equal; to match. [Obs.]
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It could not equalize the hundredth part
Of what her eyes have kindled in my heart. --Waller.
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{Equalizing bar} (Railroad Mach.), a lever connecting two
axle boxes, or two springs in a car truck or locomotive,
to equalize the pressure on the axles.
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From WordNet (r) 3.0 (2006) [wn]:
equalize
v 1: compensate; make the score equal [syn: {equalize},
{equalise}, {get even}]
2: make equal, uniform, corresponding, or matching; "let's
equalize the duties among all employees in this office"; "The
company matched the discount policy of its competitors" [syn:
{equal}, {match}, {equalize}, {equalise}, {equate}]
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