The phrase "the amount is less" is correct and usable in written English.
You can use it whenever you are referring to a quantity that is smaller than a given amount. For example, "We expected to make more money this month, but the amount is less than we projected."
Treasuries and equities could modestly sell off in the short term if the amount is less than expected.
However, if the amount is less than the annual CGT-exempt allowance of £10,600 (in the 2012-13 tax year) there won't be a CGT bill.
Under existing law, political parties in India do not need to reveal the source of donations if the amount is less than 20,000 rupees.
Banks' unwillingness to take losses on second mortgages may also be holding up so-called short sales, in which a lender agrees to retire a first-mortgage debt by taking the proceeds from the sale of the home, even when the amount is less than the mortgage balance.
Furthermore, although the amount is less than those caused by large earthquakes, inter-seismic uplift of the mud volcano has also been observed by precise leveling survey at approximately 50 mm (Kusumoto et al. 2014).
While power is drained from the battery the amount is less than in mode 2 for the same propulsion power, thus extending the range.
An official at the Credit Bank of Iraq, which did business with him, said the amount was less than $1 million.
The amount was less than state law requires, but the city did more than it had to.
The fund-raiser, who was not identified in the article, said the amount was less than $1 million, not nearly $1 million, in four installments.
The amount was less important, she said, than the basic unfairness of the tax, which she contended would hurt the poor and working-class people far more than it would the rich.
All groups had their work incentives eroded between 2007 and 2010, but the amount was less for married people.
