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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”.''''' | |||
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. |