equivalent goods
[ɪˈkwɪvələnt ɡʊdz]
nounpl: equivalent goods
bens equivalentes
1. Products or commodities that have the same or nearly identical value, quality, function, or utility and can be substituted for one another
The store offers equivalent goods at different price points to accommodate various customer budgets.
A loja oferece bens equivalentes a diferentes faixas de preço para atender diversos orçamentos de clientes.
2. In legal and commercial contexts, goods that serve the same purpose and meet the same standards, often used in contracts and warranties
If the original product is unavailable, the manufacturer will replace it with equivalent goods of the same quality.
Se o produto original não estiver disponível, o fabricante o substituirá por bens equivalentes da mesma qualidade.
3. In economics and trade, commodities that are interchangeable and have the same market value
Equivalent goods in international trade must meet the same safety and quality standards.
Bens equivalentes no comércio internacional devem atender aos mesmos padrões de segurança e qualidade.
The concept of 'equivalent goods' is important in Brazilian consumer law and commercial contracts, particularly regarding warranties and product replacements. Companies are often required by law to provide equivalent goods if an original product fails. In the United States, this term is frequently used in retail, manufacturing, and legal contexts when discussing product substitutions and consumer rights.
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