The phrase "amount was set" is correct and usable in written English.
It can be used when referring to a specific quantity or value that has been established or determined in a particular context.
Example: "After much discussion, the amount was set at $10,000 for the project budget."
Alternatives: "value was established" or "figure was determined".
The amount was set in an initial "stalking horse bid," which sets a floor for bankruptcy auction prices.
That amount was set in 1993, when the average new passenger car on American roads got 28.4 miles per gallon (mpg), and the best-selling American car got 18mpg in the city and 27 on highways.
Of those orders, approximately 490,000 orders were internalized following handling by SmartProvide". The settlement's disgorgement amount was set at $5.2 million, which is a significant but not exorbitant figure as a proxy for damages, although the specifics of these calculations have remained undisclosed and thus are subject to reevaluation.
The estate and gift tax exemption amount was set at $5 million in 2011, indexed for inflation.
That amount was set to decrease to $3 million per year from 2019 to 2022 and $2 million from 2023 to 2026.
Under our identical green jumpsuits, I carried a privilege unimaginable to most of them: the confidence that so long as an amount was set, my family would find some way to pay it.
In many recent Republican proposals, the voucher amount is set by law to grow less rapidly than underlying medical costs.
This amount is set to the national average cost of providing an equivalent treatment in all similar hospitals with adjustments for regional differences in costs.
That maximum loan amount is set to increase this summer, too; borrowers should check the Education Department's Web site for the latest information on interest rates and maximum loan amounts for different federal aid programs.
By November 2013, the company reached the $50m milestone for payments, at which point Diamond predicted that "that dollar amount is set to double in the next 18 months, and maybe a touch sooner".
At the same time, the amount being set aside as savings has now slipped to just 1.7% of disposable income – the lowest level on record, and a fraction of the near-10near-10%e for the last 50 years.
