The phrase "equivalent amount" refers to a quantity that is the same as or equal to another quantity. It means that two things, usually measurements or values, are equal or have the same worth or value.
Whenever a recipe calls for both garlic and ginger, replace with equivalent amount of paste. (mjskitchen.com)
Each receives up to $ 50,000 in cash and a nearly - equivalent amount in support services such as consulting and communications. (artfcity.com)
A life insurance annuity works like an income in that the death benefit is divided up over a number of years into equivalent amounts that the beneficiary receives each year. (policygenius.com)