Final answer:
The exchange rate 1.4126 USD/EUR means that 1.4126 US dollars are equivalent to 1 euro.
Step-by-step explanation:
The exchange rate 1.4126 USD/EUR means that 1.4126 US dollars are equivalent to 1 euro. This represents the value of the US dollar relative to the euro. If a person wants to convert US dollars to euros, they would multiply the amount in US dollars by the exchange rate to get the corresponding amount in euros.