sum of money

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sum of money

He saved a small sum of money in his piggy bank.

Definition
  1. Noun:
    • A specific quantity of monetary value: "sum of money" refers to a particular amount of cash or its equivalent, often considered as a total or aggregate figure.
    • A financial amount: It denotes a quantity of currency, which can be large or small, saved, spent, borrowed, or owed.
Usage
  • The term "sum of money" is used to specify or discuss a particular monetary amount. It is often preceded by adjectives (e.g., large, small, substantial) and is commonly used in financial, legal, and everyday contexts.
  • It functions as a countable noun phrase.
Examples
  • Noun:
    • She inherited a considerable sum of money from her grandfather.
    • The project requires an initial sum of money for startup costs.
    • He donated a small sum of money to the local charity.
Advanced Usage
  • "a tidy sum of money": a considerable or impressively large amount of money.
    • The vintage car sold for a tidy sum of money at the auction.
  • "a lump sum of money": a single payment for a total amount, as opposed to a series of installments.
    • The insurance payout was received as a lump sum of money.
Variants and Related Words
  • Sum (n): Often used interchangeably with "sum of money" in context.
    • He paid the full sum immediately.
  • Amount of money (n phrase): A very close synonym.
    • They agreed on an amount of money for the repair.
Synonyms
  • Amount: A quantity of something, often used with "money".
  • Purse: A sum of money available for a particular purpose (e.g., prize purse).
  • Funds: Money that is available for use.
Related Phrases
  • To come into a sum of money: To inherit or otherwise receive a sum of money.
    • She came into a sum of money after her aunt passed away.
  • To raise a sum of money: To collect or gather a specific amount of money.
    • The community worked together to raise the sum of money needed for the new playground.
sum of money

He saved a small sum of money in his piggy bank.

Noun
  1. a quantity of money
    • he borrowed a large sum
    • the amount he had in cash was insufficient

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