Equivalent (adjective)

1. Equal in value, amount, function, meaning, etc.
2. Having the same or nearly the same effect, value, or worth as something else.

Origin:

Late 16th century: from french équivalent or latin aequivalent- "equal in value", from aequivalere, from aequi- "equal" + valere "be worth".

Examples:

1. This job is the equivalent of a full-time position.
2. The equivalent of two hours of work per day was expected from each student.
3. The euro is equivalent to 1.20 dollars.
4. This product is the equivalent of the one we used to buy.
5. The medicine has an equivalent effect as the one she was taking before.