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. Full definition
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)