Equivalent


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equivalent

n., adj. equal in value, force or meaning.

EQUIVALENT. Of the same value. Sometimes a condition must be literally accomplished in forma specifica; but some may be fulfilled by an equivalent, per oequi polens, when such appears to be the intention of the parties; as, I promise to pay you one hundred dollars, and then die, my executor may fulfill my engagement; for it is equivalent to you whether the money be paid to you b me or by him. Roll. Ab. 451; 1 Bouv. Inst. n. 760.

References in periodicals archive ?
Passengers above 18 years may carry USD 10,000 or an equivalent foreign currency at a time, while a total of USD 60,000 or an equivalent foreign currency can be carried in a year.
I - % of pupils achieving achieving five GCSEs A* to C and equivalent, including maths and English in 2005
NASBA's National Qualifications Appraisal Service (NQAS) can evaluate whether a jurisdiction is "substantially equivalent," but jurisdictional requirements vary on issues ranging from licensing to codes of professional conduct.
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The Clyde pounds 1,000 equivalent is Euston Road pounds 100.
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While it appears that the redemption should qualify as a distribution that is not essentially equivalent to a dividend, Bert should still be aware of the possibility of IRS challenge.
The dissenters state that the number of challenges to foreclosure sales, on grounds of less than reasonably equivalent value, is very small.
This cure condition would have been satisfactory for a thin molding, since the surface equivalent cure was between the TC90 for the MDR and the TC90 for the ODR at 170[degrees]C .
authorities exchanged $8,548.5 million equivalent of foreign currencies for dollars:
A company must include the equivalent common shares in the denominator.
The final regulations address this concern by providing more explicitly that interests in a partnership will not be treated as readily tradable on a secondary market or the substantial equivalent thereof unless (1) the partnership participates in the establishment of the market or the inclusion of its interest thereon or (2) the partnership recognizes transfers made on that market.