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English definition of “equivalent”

equivalent

noun [C, usually singular]
 
 
/ɪˈkwɪvələnt/
something that is the same amount, price, size, etc. as something else or has the same purpose as something else: The FSA has spoken to its New York equivalent, the SEC, regarding the takeover. The price of a barrel of crude oil in the early 1980s went as high as $40 (the equivalent of $80 today).
equivalence /ɪˈkwɪvələns/ noun [U] formal
(Definition of equivalent noun from the Cambridge Business English Dictionary © Cambridge University Press)
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