As Demotivator has mentioned about milliequivalents.Here is the more detail matter:
Yes its very similar to the mole concept.You only got to stick to one thing that is equal number of equivalents will react to give equal number of equivalents.
Equivalents=weight/Equivalent weight
Where equivalent weight=Molecular weight/n factor
Here n factor depends upon the nature of reagent.
For H2SO4 n=2[number of replacable H+ ions]
For NaOH n=1[number of replacable OH- ions]
For elements n=Valency
For salts n=Charge on cationic or anionic part.
This method is Extremely useful as it can be used without knowing the nature of reaction[no need of balancing].
But it can only be used if you know the n factor of the reagents correctly.