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"amount of money" vs "sum of money"

Both 'sum of money' and 'amount of money' are correct phrases in English. They are interchangeable and can be used depending on personal preference or the context of the sentence.

Last Updated: March 22, 2024

amount of money

This phrase is correct and commonly used in English.

This phrase also refers to a specific quantity of money. It is more general and can be used in various contexts.

Examples:

  • The amount of money needed for the project is substantial.
  • She borrowed a small amount of money from her friend.
  • The total amount of money spent on the event was significant.

Alternatives:

  • sum of money
  • money amount
  • money total
  • financial amount
  • money quantity

sum of money

This phrase is correct and commonly used in English.

This phrase refers to a specific total quantity of money. It is often used in legal or financial contexts.

Examples:

  • He received a large sum of money as a reward.
  • The company paid a substantial sum of money to settle the lawsuit.
  • She inherited a significant sum of money from her grandmother.

Alternatives:

  • amount of money
  • money sum
  • money total
  • money amount
  • financial sum

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