The on line dictionary defines calibration as:
1: to ascertain the caliber of
2: to determine, rectify, or mark the graduations of
3: to standardize by determining the deviation from a standard so as to
ascertain the proper correction factors
4: to adjust precisely for a particular function
5: to measure precisely; especially : to measure against a standard
I guess number 1,3 & 5 could apply. Number 2 & 4 might be a stretch for a steel ruler.
On the other hand, dictionaries are pretty generic. All of the definitions may not apply to each application. In metrology, I'm sticking with 3. Falls into determining accuracy and bias.