1. the state or condition of being equivalent; equality in value, force, meaning, or significance
2. an equivalent thing, especially in education, such as a credential that serves as a substitute for a standard qualification
Usage: educational context

Examples

• The equivalency between the two currencies made trading easier.
• She earned her high school equivalency diploma through night classes.
• The professor explained the equivalency of the two mathematical expressions.
• Many colleges accept GED equivalency certificates for admission.
• The equivalency of these job positions means they receive equal pay.
• He questioned the equivalency between online and traditional classroom learning.