What is the meaning of "k'neged kullam"? The Talmud says:
"אֵלּוּ דְבָרִים שֶׁאָדָם אוֹכֵל פֵּרוֹתֵיהֶן בָּעוֹלָם הַזֶּה וְהַקֶּרֶן קַיֶּמֶת לוֹ לָעוֹלָם הַבָּא. כִּבּוּד אָב וָאֵם, וּגְמִילוּת חֲסָדִים, וַהֲבָאַת שָׁלוֹם בֵּין אָדָם לַחֲבֵרוֹ, וְתַלְמוּד תּוֹרָה כְּנֶגֶד כֻּלָּם: "
These are the things for which a person enjoys the fruits in this world, while the principal remains intact for him in the world to come: honoring one's father and mother, acts of loving kindness, and bringing peace between people. And the study of Torah "k’neged kulam". [Peah 1:1]
[These are the things] for which ["interest"] punishment is exacted in this world, while the principal punishment remains intact for him in the World to Come: Idolatry, sexual immorality, and murder. And Lashon Hara' (malicious gossip) "k’neged kulam". [Peah 8a]
Literally, does it mean: (1) is equal to them all put together, or (2) is equal to each of them taken separately?
Figuratively, what does it mean?