Meaning of “equation” in the English Dictionary

"equation" in British English

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uk /ɪˈkweɪ.ʒən/ us /ɪˈkweɪ.ʒən/

(Definition of “equation” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"equation" in American English

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equationnoun [ C ]

us /ɪˈkweɪ·ʒən/

mathematics a mathematical statement that two amounts, or two symbols or groups of symbols representing an amount, are equal:

In the equation 3x - 3 = 15, x equals 6.

(Definition of “equation” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"equation" in Business English

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equationnoun [ C ]

uk /ɪˈkweɪʒən/ us

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.

(Definition of “equation” from the Cambridge Business English Dictionary © Cambridge University Press)