equivalent amount

noun phrase

UK /ɪˈkwɪvələnt əˈmaʊnt/

US /ɪˈkwɪvələnt əˈmaʊnt/

An equivalent amount is the same size or value as something else.

She paid an equivalent amount for the cheaper toy.

SYNONYMS

equal amount same amount matching amount comparable amount

RELATED WORDS

equivalence balance proportion counterpart parity

OTHER MEANINGS

2. An amount that can be exchanged for another amount of equal value.

The coupon gives you an equivalent amount off your next purchase.

3. In chemistry, the amount of a substance that reacts exactly with a given amount of another substance.

Add an equivalent amount of acid to complete the reaction.

4. A sum of money that matches a cost or loss in value.

The insurance paid an equivalent amount to the damage.