equation


equation
equation e‧qua‧tion [ɪˈkweɪʒn] noun [countable]
a statement in mathematics, showing that two quantities are equal
acˈcounting eˌquation
one of the relationships between assets and liabilities used in accounting:

• The accounting equation here is: assets minus liabilities equals shareholders' equity.

* * *

equation UK US /ɪˈkweɪʒən/ noun [C]
a mathematical statement consisting of numbers, letters, and symbols that shows that one amount is equal to another: »

Profit can be calculated using the simple equation P = R - C (Profit = Revenue minus Cost).

»

linear/algebraic/differential equations

a situation, especially when it is considered to be complicated and made up of many different parts: »

In today's market it's more important than ever to get the price/performance equation right.

»

Another important factor in the equation is the exchange rate.

»

When you're starting your own business, difficulties and frustrations are part of the equation.

»

The WTO cannot afford to ignore the trade side of the equation.

add/factor/bring sth into the equation »

Project planners failed to factor government bureaucracy into the equation.

See also THE ACCOUNTING EQUATION(Cf. the accounting equation)

Financial and business terms. 2012.

Look at other dictionaries:

  • Equation — Équation (mathématiques)  Cet article concerne les équations mathématiques dans leur généralité. Pour une introduction au concept, voir Équation (mathématiques élémentaires).   …   Wikipédia en Français

  • équation — [ ekwasjɔ̃ ] n. f. • 1613; h. XIIIe « égalité »; lat. æquatio 1 ♦ (1637) Math. Relation conditionnelle existant entre deux quantités et dépendant de certaines variables (ou inconnues). Poser une équation. Mettre en équation un phénomène complexe …   Encyclopédie Universelle

  • Equation — E*qua tion, n. [L. aequatio an equalizing: cf. F. [ e]quation equation. See {Equate}.] 1. A making equal; equal division; equality; equilibrium. [1913 Webster] Again the golden day resumed its right, And ruled in just equation with the night.… …   The Collaborative International Dictionary of English

  • equation — [ē kwā′zhən, ikwā′zhən] n. [ME equacioun < L aequatio] 1. the act of equating; equalization 2. the state of being equated; equality, equivalence, or balance; also, identification or association 3. a) a complex whole [the human equation] b) an… …   English World dictionary

  • equation — index balance (equality), comparison, parity Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • equation — late 14c., a term in astrology; meaning “action of making equal” is from 1650s; mathematical sense is from 1560s, on notion of equalizing the expressions; from L. aequationem (nom. aequatio) an equal distribution, community, from pp. stem of… …   Etymology dictionary

  • equation — ► NOUN 1) the process of equating one thing with another. 2) Mathematics a statement that the values of two mathematical expressions are equal (indicated by the sign =). 3) Chemistry a symbolic representation of the changes which occur in a… …   English terms dictionary

  • Équation — Cet article concerne les équations mathématiques dans leur généralité. Pour une introduction au concept, voir Équation (mathématiques élémentaires).   …   Wikipédia en Français

  • Equation — This article is about equations in mathematics. For the chemistry term, see chemical equation. The first use of an equals sign, equivalent to 14x+15=71 in modern notation. From The Whetstone of Witte by Robert Recorde (1557). An equation is a… …   Wikipedia

  • equation — /i kway zheuhn, sheuhn/, n. 1. the act of equating or making equal; equalization: the symbolic equation of darkness with death. 2. equally balanced state; equilibrium. 3. Math. an expression or a proposition, often algebraic, asserting the… …   Universalium