statutory amount

USAGE SUMMARY

The phrase "statutory amount" is correct and usable in written English.
You can use it to refer to a specific sum of money that is determined or set by a law or statute. For example: "The statutory amount for damages in this case is $50,000."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

And two thirds of professional and managerial women receive top-up maternity pay from their employers, above the statutory amount.

The Guardian - Opinion

You are also to receive €500 for the delay to the flight which is the statutory amount.

The Guardian - Money

Estate tax is generally applied only to estates evaluated above a statutory amount and is applied at graduated rates.

Encyclopedia Britannica

She boosted the statutory amount (12 weeks of average pay) with a £900 per working year deal that has been rescinded.

The Guardian - Business

If you are refused permission to take time off for bereavement further to the statutory amount, or if you are subject to a detriment for taking or seeking to take it, you may be able to make a complaint to an employment tribunal for compensation.

The Guardian - Money

"When I moved to Jersey I had to wait the statutory amount of years to get my [housing] qualifications, whereas if I came here as a married person I would have them straight away.

BBC

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

The Administrator reserves the right to assess a penalty of up to the statutory maximum amount for any violation where circumstances warrant.

Cornell University

With respect to the third statutory factor, amount and substantiality of the portion used in relation to the copyrighted work as a whole, Connectix disassembled parts of the Sony BIOS and copied the entire Sony BIOS multiple times.

Harvard University

He said: "While I accept that the various payday lenders are legally entitled to 'clear out' someone's bank account if money is owing to them, it struck me that there ought to be a statutory minimum amount which must be left in the account (say £10) to avoid absolute destitution".

Independent

Someone on the national average wage who starts saving for a pension at 22 and pays in only the statutory minimum amount would need to work to 77 to get the sort of "gold standard" pension enjoyed by many of their parents' generation, a figure that rises to 81 in parts of London such as Westminster.

The Guardian - Money

Whilst I accept that the various payday lenders are legally entitled to 'clear out' someone's bank account if money is owing to them, it struck me that there ought to be a statutory minimum amount which MUST be left in an account (say £10) to avoid absolute destitution; and as I understand you set and regulate the rules, you might look at this with a view to preventing further deaths".

The Guardian - Business

Expert writing Tips

Best practice

When using "statutory amount", ensure the context clearly indicates which specific law or statute the amount is derived from to avoid ambiguity.

Common error

Avoid assuming the "statutory amount" is universally known. Always reference the relevant statute or legal provision to provide clarity and prevent misunderstandings.

Linguistic Context

The phrase "statutory amount" functions as a noun phrase identifying a specific quantity or sum dictated by law. As Ludwig AI points out, this refers to a specific amount mandated by law, as confirmed by numerous examples.

Expression frequency: Uncommon

Frequent in

News & Media

43%

Academia

36%

Science

21%

Less common in

Formal & Business

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "statutory amount" denotes a sum specifically mandated by law or statute, as confirmed by Ludwig. It functions as a noun phrase and is commonly employed to denote legally determined values in legal, financial, and regulatory contexts. The phrase is most frequently found in news and academic settings. While grammatically correct, ensure clarity by specifying the relevant statute or legal provision. Consider alternatives such as "legally mandated sum" or "legally fixed amount" for varied expression.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

legally mandated sum

Emphasizes the legal obligation behind the amount.

prescribed quantity by law

Highlights the legal prescription or determination of the amount.

legally fixed amount

Focuses on the fixed nature of the amount as determined by law.

legally required sum

Underscores the mandatory nature of the amount due to legal requirements.

amount stipulated by statute

Specifically mentions the stipulation of the amount within a statute.

legally specified amount

Highlights the detailed specification of the amount in legal terms.

fixed legal compensation

Refers specifically to legal compensation that is fixed.

legally established amount

Emphasizes the establishment of the amount through legal processes.

regulatory threshold

Implies an amount that serves as a threshold defined by regulations.

statutorily defined quantity

Highlights the definition of the quantity within the statutes.

FAQs

What does "statutory amount" mean?

The "statutory amount" refers to a specific sum or quantity determined and mandated by law or statute. It is commonly used in legal, financial, and regulatory contexts.

How is the "statutory amount" determined?

The "statutory amount" is determined by the specific law or statute governing the situation. This could be set by legislation, regulation, or court decision.

What are some alternatives to "statutory amount"?

You can use alternatives like "legally mandated sum", "legally fixed amount", or "amount stipulated by statute" depending on the context.

Where can I find the "statutory amount" for a specific situation?

The specific "statutory amount" can be found within the text of the relevant law or statute. You may need to consult legal professionals or regulatory agencies for clarification.