levelised
Levelised refers to a process or calculation that aims to make different things comparable by adjusting them to a common standard or over a consistent period. This is often done to remove variations or complexities that would otherwise make direct comparison difficult or misleading. The concept of levelising is applied in various fields, including economics, finance, and engineering.
In economics, levelising is frequently used when comparing different investment projects or revenue streams. For instance,
Similarly, in finance, the term can refer to the process of averaging out irregular payments or cash