It could be called an equivalence relationship.
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Two fractions that are the same are called equivalent fractions. Example: 4/5 and 8/10. When two fractions are set equal to each other in an equation, that equation is called a proportion: 4/5 = x/10
They are equivalent fractions as for example: 3/4 = 9/12
Two fractions set equal to each other form a proportion.
Two expressions that equal each other is an equation
-- All proper fractions are not equal to 4.12 , -- Of the infinite supply of improper fractions, all of them are not equal to 4.12 except only 103/25 and other ratios of (a multiple of 103)/(the same multiple of 25).