Monetary amount

USAGE SUMMARY

The phrase "Monetary amount" is correct and usable in written English.
It can be used when referring to a specific quantity of money, often in financial or economic contexts. Example: "The total monetary amount due for the services rendered is $5,000."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

46 human-written examples

The monetary amount of £12m was the same.

The Guardian - Opinion

They outweigh the monetary amount an authoriy might usually charge – around £15 – for a stall.

The Guardian

The players simply have to understand culture is above any contract you might sign, any monetary amount.

The Guardian - Sport

According to the Iowa Division of Criminal Investigation, "a significant monetary amount" of counterfeit chips was involved.

The New Yorker

Asked how he had calculated a monetary amount for lost sleep, Mr. Pullman said, "I have a pretty good mathematical mind".

The New York Times

It does not include a specific monetary amount of damages for injuries sustained by protesters and for the in sound and communication equipment that was confiscated.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

14 human-written examples

Sam Duncan, Wayne, Penn.: In almost all other government documents relating to monetary amounts of household income or individual income, the figures are given in terms of the median.

The New York Times

Note that this figure includes 3.0 million families who lose only from the cuts to Child Benefit, at an average of about £75 per year (monetary amounts are in current prices).

The Guardian

Perhaps the best look at what Thatcherism meant for British families comes from a series of measures calculated by the Institute for Fiscal Studies, which calculated household incomes after tax (and any income from benefits), and put them into monetary amounts relative to 2010-11 pricestrippinging out the effects of inflation.

The Guardian

As Sky Moore-Clube, aged 14, aptly put it this year (at the end of a list which kindly documented the monetary amounts her requested gift cards should hold): "OR JUST MONEY, cos then if you don't know what to get me, I can get it.

Independent

Monetary amounts are in Year 2000 constant dollars.

Transportation Research Part C: Emerging Technologies

Expert writing Tips

Best practice

When discussing precise financial figures, always specify the currency (e.g., "monetary amount of $5,000") to avoid ambiguity.

Common error

Avoid using "monetary amount" when a more specific term like "price", "fee", or "salary" would be more appropriate. Using the right word can improve clarity.

Linguistic Context

The phrase "monetary amount" primarily functions as a noun phrase, acting as the subject or object of a sentence. It denotes a specific quantity of money. Ludwig AI shows it used across different domains, but it always refers to an explicit quantity of money

Expression frequency: Very common

Frequent in

News & Media

36%

Science

36%

Wiki

10%

Less common in

Formal & Business

6%

Encyclopedias

0%

Social Media

0%

Ludwig's WRAP-UP

The phrase "monetary amount" is a common and grammatically correct noun phrase used to specify a quantity of money. According to Ludwig AI, its usage spans various contexts, most notably News & Media and Science. When writing, it's important to specify the currency to prevent ambiguity and to consider if a more precise term like "price" or "fee" would be more appropriate. Alternative phrases like "financial value" or "sum of money" can be used depending on the context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Financial value

Replaces "monetary" with "financial", emphasizing the economic aspect.

Sum of money

A more general term that refers to the total quantity of currency involved.

Amount in currency

Specifies that the amount is related to a particular currency.

Fiscal sum

Similar to "financial value", highlighting the governmental or organizational financial context.

Cash equivalent

Refers to assets that can be easily converted into cash.

Pecuniary value

A more formal and technical term for the value expressed in money.

Capital sum

Refers to a significant amount of money used for investment or business purposes.

Total cost

Emphasizes the overall expense or price of something.

Price tag

An informal term referring to the cost of a specific item.

Financial outlay

Highlights the amount of money spent or invested.

FAQs

How can I use "monetary amount" in a sentence?

You can use "monetary amount" to refer to a specific quantity of money in various contexts. For example: "The contract specifies the monetary amount to be paid upon completion."

What are some alternatives to "monetary amount"?

Depending on the context, you could use terms like "financial value", "sum of money", or "capital sum".

Is it better to use "monetary amount" or "amount of money"?

Both phrases are correct, but "monetary amount" is slightly more formal and often used in business or financial contexts. "Amount of money" is more general and can be used in a wider range of situations.

When should I specify the currency when using "monetary amount"?

Always specify the currency when the monetary amount isn't clear from the context or when dealing with international transactions. For example: "The monetary amount is $10,000 USD."