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English definition of “equation”

equation

noun [C]     /ɪˈkweɪʒən/
a mathematical statement consisting of numbers , letters , and symbols that shows that one amount is equal to another: Profit can be calculated using the simple equation P = R - C ( Profit = Revenue minus Cost ). linear / algebraic / differential equations
a situation , especially when it is considered to be complicated and made up of many different parts : In today's market it's more important than ever to get the price / performance equation right . Another important factor in the equation is the exchange rate . When you're starting your own business , difficulties and frustrations are part of the equation. The WTO cannot afford to ignore the trade side of the equation.add/factor/bring sth into the equation Project planners failed to factor government bureaucracy into the equation.
→ See also the accounting equation
(Definition of equation noun from the Cambridge Business English Dictionary © Cambridge University Press)
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