Business, Legal & Accounting Glossary

Definition: Amount


Quick Summary of Amount

Quantity or value, as in a transaction or account balance.

Examples of Amount in a sentence

The amount of the loan balance was increasing because the interest rate was so high and the individual was only paying the minimum.

The amount offered in the contract was generous, and there was hardly any need to negotiate further, with only minor details being the remaining sticking points.

Some say it was his cholesterol that did him in, but if you want to know what I think, I’m saying the heart attack was from seeing the amount his satellite TV subscription cost.

Related Phrases

capital contribution
net receivables
tenure annuity
earnings test
commuted cash value
cornering the market
exercise by exception
total loan amount
coinsurance amount limit
agreed amount clause
face-amount certificate
amount paid-up
principal amount
loan amount
material amount
amount recognized
amount realized

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Amount. Payroll & Accounting Heaven Ltd.
December 07, 2021
Chicago Manual of Style (CMS):
Amount. Payroll & Accounting Heaven Ltd. (accessed: December 07, 2021).
American Psychological Association (APA):
Amount. Retrieved December 07, 2021
, from website:

Definition Sources

Definitions for Amount are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 2nd November, 2021 | 0 Views.