amount


amount
The whole effect, substance, quantity, import, result, or significance. The sum of principal and interest.
See also sum certain
@ amount covered
In insurance, the amount that is insured, and for which underwriters are liable for loss under a policy of insurance
@ amount in controversy
The damages claimed or relief demanded by injured party in dispute; the amount claimed or sued for in litigation. Glenwood Light & Water Co. v. Mutual Light, Heat & Power Co., 239 U.S. 121, 36 S.Ct. 30, 60 L.Ed. 174; Wabash Ry. Co. v. Vanlandingham, C.C.A.Mo., 53 F.2d 51.
Amount of alleged damages required for diversity jurisdiction in Federal courts. 28 U.S.C.A. No. 1332.
@ amount of loss
In insurance, the diminution, destruction, or defeat of the value of, or of the charge upon, the insured subject to the assured, by the direct consequence of the operation of the risk insured against, according to its value in the policy, or in contribution for loss, so far as its value is covered by the insurance.
@ amount realized
The amount received by a taxpayer upon the sale or exchange of property. The measure of the amount received is the sum of the cash and the fair market value of any property or services received, plus any related debt assumed by the buyer. Determining the amount realized is the starting point for arriving at realized gain or loss. The amount realized is defined in I.R.C. No. 1001(b) and accompanying Regulations.
@ amount to
To reach in the aggregate; to rise to or reach by accumulation of particular sums or quantities
@

Black's law dictionary. . 1990.

Synonyms:

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  • amount — I (quantity) noun aggregate, bulk, count, extent, magnitude, mass, measure, measurement, net quantity, number, numeration, strength, substance, sum, summa, total, whole associated concepts: amount of evidence, amount of loss foreign phrases:… …   Law dictionary

  • amount — amount, number Amount is normally used with uncountable nouns (i.e. nouns which have no plural) to mean ‘quantity’ (e.g. a reasonable amount of forgiveness, glue, resistance, straw, etc.), and number with plural nouns (e.g. a certain number of… …   Modern English usage

  • Amount — A*mount , n. 1. The sum total of two or more sums or quantities; the aggregate; the whole quantity; a totality; as, the amount of 7 and 9 is 16; the amount of a bill; the amount of this year s revenue. [1913 Webster] 2. The effect, substance,… …   The Collaborative International Dictionary of English

  • amount — [n1] quantity aplenty, bags*, bulk, bundle, chunk, expanse, extent, flock, gob*, heap, hunk, jillion*, load, lot, magnitude, mass, measure, mess*, mint*, mucho*, number, oodles*, pack, passel, peck, pile, scads*, score, slat*, slew*, supply, ton* …   New thesaurus

  • Amount — A*mount , v. t. To signify; to amount to. [Obs.] [1913 Webster] …   The Collaborative International Dictionary of English

  • amount — ► NOUN 1) the total number, size, value, or extent of something. 2) a quantity. ► VERB (amount to) 1) come to be (a total) when added together. 2) be the equivalent of. ORIGIN from Old French amont upward , from Latin a …   English terms dictionary

  • amount — [ə mount′] vi. [ME amounten, to ascend < OFr amonter < amont, upward < a (L ad), to + mont < L montem, acc. sing. of mons, MOUNTAIN] 1. to add up; equal in total [the bill amounts to $4.50] 2. to be equal in meaning, value, or effect… …   English World dictionary

  • Amount — A*mount , v. i. [imp. & p. p. {Amounted}; p. pr. & vb. n. {Amounting}.] [OF. amonter to increase, advance, ascend, fr. amont (equiv. to L. ad montem to the mountain) upward, F. amont up the river. See {Mount}, n.] 1. To go up; to ascend. [Obs.]… …   The Collaborative International Dictionary of English

  • amount to — index aggregate, comprise, consist, reach Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • amount to — (something) to be the same as something else. A decrease in student aid amounts to an increase in tuition fees. She thought he was wrong to take what amounts to a stand against greater freedom. Related vocabulary: add up to something …   New idioms dictionary

  • amount — n *sum, total, quantity, number, aggregate, whole …   New Dictionary of Synonyms


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