Equivalent: Difference between revisions

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{{a|glossary|}}''Warning: metaphysical area approaching. Approach stacked turtles with care.''
{{a|glossary|}}''Warning: metaphysical area approaching. Approach stacked turtles with care.''<br>
{{quote|{{d|Equivalent|/ɪˈkwɪvələnt/|adj|}}<br>
1. ''Finance'': In comparison to something else, ''exactly'' the same. [[Fungible]]. Interchangeable in every respect. If a [[security]], from the same series; having the same [[ISIN]]. Not just “broadly similar”. ''''''Financial “equivalence” is not, er, [[equivalent]], to colloquial “equivalence”.'''''


AKA [[fungible]]. When you get given something — [[credit support]], for example — that at some point you’ll have to give back, the deal is you have to give an ''identical'' thing back.
2. ''Colloquial'': One thing that is equal to or corresponds with another thing in value, amount, function, meaning, etc., ''without'' being exactly the same thing.
"Banque de France is the French equivalent of the Bank of England".}}
 
When you get given something — [[credit support]], for example — that at some point you’ll have to give back, the deal is you have to give an ''identical'' thing back.


Now, when it comes to return it, ''dilemma'': you’ve been mucking around with it. You don’t still ''have'' “it”. You could go and buy a ''new'' “it” and return that, but the ''exact old “it”'' they gave you — that’s goneski.  
Now, when it comes to return it, ''dilemma'': you’ve been mucking around with it. You don’t still ''have'' “it”. You could go and buy a ''new'' “it” and return that, but the ''exact old “it”'' they gave you — that’s goneski.