What does ‘equivalent focal length’ mean?

What does 'equivalent focal length' mean? Hello, I'm a beginner and got this Lumix 25mm Prime Lens from my dad. He said something that even though it was a 25mm it was equivalent to a 50mm? I'm so lost, what does that even mean? That it shoots like a 50mm lens or? I'm using the lens on Olympus E-M10 Mark 3 if that matters. Thanks beforehand!
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