equation
Pronunciation:
/ɪˈkweɪʃən/noun
Definitions
The act or process of equating two or more things, or the state of those things being equal (that is, identical).
Example: We need to bring the balance of power into equation
An assertion that two expressions are equal, expressed by writing the two expressions separated by an equal sign; from which one is to determine a particular quantity.
A small correction to observed values to remove the effects of systematic errors in an observation.