smoothing
n.— «Another employer victory was this: Congress made it clear that companies can meet the funding target by measuring assets over the past 24 months. This technique, known as “smoothing,” reduces the impact of this year’s big stock losses on plans” funded status. “Smoothing on a long-term basis is critical to predictability,” says Dudley. “Unpredictability is what causes plan sponsors to freeze their plans, so smoothing will help everybody over the long haul.”» —“Companies Demand More Pension Relief” by Ashlea Ebeling Forbes Dec. 12, 2008. (source: Double-Tongued Dictionary)
Further reading
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