Definition, Meaning & Synonyms

equivalent-amount

noun
/ɪˈkwɪv.ə.lənt əˈmaʊnt/
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.
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.
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.
Synonyms
  • Equal value
  • Corresponding quantity
  • Matching amount