Definition, Meaning & Synonyms
equivalent-amount
noun
/ɪˈkwɪv.ə.lənt əˈmaʊnt/
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Definition
An equivalent amount is the exact quantity or value that corresponds to another quantity or value in relation to a specific context or criteria.
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Examples
- In the exchange rate, one hundred US dollars is considered an equivalent amount to eight thousand Japanese yen.
- When measuring ingredients, make sure you use an equivalent amount of sugar if you substitute honey in the recipe.
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Meaning
The term refers to a balanced or equal measure in terms of either numerical value or functional significance when comparing two or more quantities.
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Synonyms
- Equal value
- Corresponding quantity
- Matching amount