Usually means: Standardizing rates for different ages.
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We found 6 dictionaries that define the word age adjustment:

General (3 matching dictionaries)
  1. Age adjustment: Wikipedia, the Free Encyclopedia
  2. Age adjustment: TheFreeDictionary.com
  3. age adjustment: Wiktionary

Business (1 matching dictionary)
  1. Age adjustment: Legal dictionary

Computing (1 matching dictionary)
  1. Age adjustment: Encyclopedia

Medicine (1 matching dictionary)
  1. Age adjustment: Medical dictionary

Definitions from Wiktionary (age adjustment)

noun:  A technique for comparing statistics across populations with different age profiles.

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