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Equivalent Form

One of the forms of appearance of value of the commodity exchange, i.e., the form that allows for direct exchange with another commodity. It is in the position of “the commodity in which value is expressed” in the same expression of value, and constitutes the other pole in opposition to the pole of the relative form of value. The equivalent form and the relative form of value are two moments which belong together, mutually condition each other, but, at the same time, they are mutually exclusive or opposite extremes…

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