What is the definition of equivalent?

The definition of equivalent is something that is equal to, or the same as, something else. It could be equated with a trade, for instance. It could also refer to something of equal values.
miboje, Shopping Expert
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The definition of the word, equivalent, would mean a person or thing that is equal to another of the same value; something that is similar or identical in value.
sklawrence50, Shopping Expert
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