amount of purchase

USAGE SUMMARY

"amount of purchase" is a correct and usable phrase in written English.
You can use it to describe the monetary value of something that has been bought. For example, "The customer paid $20 for their amount of purchase."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

16 human-written examples

In April, Furniture.com replaced free shipping with a $95 "no matter the amount of purchase" policy.

The New York Times

The information is encrypted and sent to a secure server where the image is matched with that of the print on file, and the amount of purchase is deducted from the shopper's credit or debit card.

The New York Times - Tech

Being inversely related to the amount of purchase tax payable, it tends to decrease with the vehicle's weight, engine power and rate of CO2 emissions.

European Transport Research Review

Danaher and Smith (2011) studied the interaction between a firm's total amount of purchase (log-normal distribution) and the time since last purchase (exponential distribution).

Journal of Statistical Distributions and Applications

For one thing, it's collecting a good amount of purchase intent data from users asking about the price or availability of an item.

TechCrunch

Due to the limitation of our dataset, this study can use the change of EFX balance to reflect a total amount of consumption by consumers even though we do not have a dataset for a total amount of purchase.

Journal of Economic Structures

Human-verified similar examples from authoritative sources

Similar Expressions

44 human-written examples

The decision variables for prosumer include the amount of purchased gas, the amounts of purchased and sold electricity at energy hubs.

Applied Energy

Aberdeen AM: "They've reduced the amount of purchases and the duration of them.

The Guardian - Business

"But during those four years we lost a huge amount of purchasing power," Mr. LeClerc said.

The New York Times - Arts

Other analysts have suggested the Fed might slightly decrease the total amount of purchases, to $80 billion, or increase the share of mortgage securities.

The New York Times

The E.C.B. does not say which bonds it is buying, and will not disclose the amount of purchases during the past week until Monday.

The New York Times

Expert writing Tips

Best practice

When specifying the "amount of purchase", ensure you clearly state the currency or unit of measure (e.g., $50 USD, 100 shares).

Common error

Avoid using "amount of purchase" when you actually mean the payment method. For instance, say 'The customer used a credit card' instead of incorrectly implying 'The amount of purchase was credit card'.

Linguistic Context

The phrase "amount of purchase" primarily functions as a noun phrase, acting as the subject or object in a sentence. It specifies the total monetary value associated with a buying transaction. Ludwig AI confirms its validity and common usage.

Expression frequency: Common

Frequent in

News & Media

40%

Science

30%

Wiki

15%

Less common in

Formal & Business

5%

Encyclopedias

5%

Academia

5%

Ludwig's WRAP-UP

The phrase "amount of purchase" is a common and correct way to describe the total cost of a transaction. As verified by Ludwig AI, it functions as a noun phrase and is used across various contexts, particularly in news, science, and wiki sources. When using this phrase, clarity is key – ensure you specify the currency and avoid confusing it with the method of payment. Consider alternatives like "transaction value" or "order total" depending on the specific nuance you want to convey. By following these guidelines, you can effectively communicate financial information and avoid potential misunderstandings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

purchase amount

Inverted word order, placing emphasis on "purchase" rather than the "amount".

price paid

Directly indicates the sum exchanged for a product or service.

order total

Refers specifically to the final cost of an order, encompassing all items and charges.

expenditure amount

Highlights the amount that has been spent.

transaction value

Focuses on the worth exchanged in a transaction, suitable for formal contexts.

volume of purchase

Highlights the purchased volume rather than the monetary amount.

total expenditure

Highlights the spending aspect, indicating the overall money spent.

cost of acquisition

Emphasizes the expense incurred when obtaining something, often in business contexts.

acquisition cost

Synonymous with "cost of acquisition", but with a slightly different emphasis.

total outlay

Implies the total amount of money expended, especially for a specific project or investment.

FAQs

How can I use "amount of purchase" in a sentence?

You can use "amount of purchase" to refer to the total cost of something bought, as in, "The receipt shows the amount of purchase was $25."

What's a more formal alternative to "amount of purchase"?

For a more formal tone, consider using "transaction value" or "total expenditure", particularly in business or financial contexts.

Is "amount of purchase" grammatically correct?

Yes, "amount of purchase" is grammatically correct and widely used to describe the monetary value of a transaction.

How does "amount of purchase" differ from "number of items purchased"?

"Amount of purchase" refers to the total cost, while "number of items purchased" refers to the quantity of goods acquired, irrespective of the price. They are related, but distinct concepts.