equivalent

China Vanke, one of the few major real-estate companies not to default in the recent bust, is seeking to delay payment on a 2 billion yuan note, equivalent to around $282.5 million, due in December.

"It's the government IT project equivalent of ordering a renovation, discovering the contractor has made your house less functional, and then learning they charged you for a mansion."

Europe recently unveiled a rival, Jupiter, housed in western Germany, also able to perform at least one quintillion calculations per second, which is equivalent to about a million smartphones.

These workers give up a portion of their salary in return for their employer paying the equivalent amount into their pension.

Let them wager on a day’s move with short-dated options—Wall Street’s equivalent of scratch-off lottery tickets.