Meaning of the word "be equivalent to" in English

What does "be equivalent to" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

be equivalent to

US /bi ɪˈkwɪv.ə.lənt tuː/
UK /bi ɪˈkwɪv.ə.lənt tuː/

Phrase

to be equal to something else in value, amount, meaning, or effect

Example:
One dollar is equivalent to approximately 0.92 euros.
His silence was equivalent to an admission of guilt.