equivalent adjective - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “equivalent”

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equivalent

adjective
 
 
/ɪˈkwɪvələnt/
the same in amount, price, size, etc.: The total consumer electronics market is equivalent to approximately $100 for every person on Earth.equivalent amount/level/price Under the new scheme, companies would agree to pay the pension contributions of their employees, and in return workers would sacrifice an equivalent amount from their salary.
(Definition of equivalent adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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